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Robert from yahoo bd

12/16/22 9:03 AM

#742286 RE: Brooge warrants cancelled #742280

Yesterday was Pat Toomey's last SBC meeting as Co-Chair of the SBC, I believe as well as Senator Shelby (MC'S old boss, Sherrod Brown's right hand man is currently the head legal guy for Sandra).

Senator Sherrod Brown will now be Chair of the SBC and will no longer have to Co-Chair with the opposing party, starting in January.

The Supremes will not have a decision on the CFPB case until the end of June 2023 and therefore the SBC and the US Congress will have some time to deliberate on how to fund the CFPB in new legislation if necessary.

Will the double insulated from Congress's Appropriations Process of the CFPB funding mechanism if found to violate the SOP Doctrine also apply to the FHFA?

Don't know for sure, but I think David Thompson added it in the 5th Circuit case if I'm not mistaken or the issue may be percolating in another legal action so we'll see what if anything happens.
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clarencebeaks21

12/16/22 11:18 AM

#742295 RE: Brooge warrants cancelled #742280

“So FHFA will become constitutional?”

No. Based on Senator Toomey’s remarks, he introduced Senate Bill 5280 on 12/15 for only the CFPB. The bill is not yet available for reading, so if you want you can track its status here:

https://www.congress.gov/bill/117th-congress/senate-bill/5280