Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"A ruling is expected by the end of June. The court's 6-3 conservative majority has limited the regulatory power of federal agencies in a series of rulings in recent years."

"Pro-business conservatives and their Republican allies believe the court fight has brought them closer than ever to dismantling the CFPB. Such an outcome long has been sought by conservatives who criticize what they call the "administrative state," the federal bureaucracy spanning various agencies that interpret laws, craft rules and implement executive action affecting millions of Americans each day."

https://www.reuters.com/world/us/conservatives-hope-supreme-court-defangs-us-consumer-watchdog-2023-09-12/

"The cases involve what has come to be known as the "administrative state," the agency bureaucracy that interprets laws, crafts federal rules and implements executive action. The court's conservatives, with a 6-3 majority, in recent years have reined in what they viewed as governmental overreach by the Environmental Protection Agency (EPA) and other agencies.

"Next term is going to be a huge one at the court for cases involving the administrative state," said Brianne Gorod, chief counsel at the Constitutional Accountability Center liberal legal group. "These cases all represent challenges that are part of a long-running, multifaceted conservative attack on the administrative state, and nothing less than the ability of the federal government to function effectively is at stake."

https://www.reuters.com/legal/federal-agency-powers-crosshairs-us-supreme-court-2023-07-04/