Replies to post #635432 on Fannie Mae-No Politics (FNMA)

[bcde]

"So are you saying multi member boards running federal agencies are NOT ALLOWED?"

Yes, It is very clear from recent SCOTUS ruling.
Multimember is one of the many conditions that must be satisfied.

Here are all the conditions that must be satisfied.

1. a multimember body of experts
2. balanced along partisan lines,
3. appointed to staggered terms,
4. performed only “quasi-legislative” and “quasi-judicial functions,” and 5. said not to exercise any executive power.
6. inferior officer who has limited duties and no policy making or administrative authority.

No executive agency can be independent of POTUS. If allowed then can not Congress (with 2/3 Majority) make POTUS powerless by appointing independent agencies?

FHFA/HERA violate all the (1-6) conditions.