The REAL PROBLEM Robert is these rogue agencies become a one party good'ol boys club when they start handing out jobs to one parties friends& cronies, and the elite party backers from the different business sectors and universities. We end up with what we have now with FHFA, an organization that is pushing the agenda and beliefs of only one part of our society and not doing the right thing for all. An FHFA board made up of equal parts of party representation makes way more sense (Republican, Democrat, Libertarian and Independent). Having it so each and every administration walking through the doors every four years changing everything, does a service to nobody. Its one step forward and two steps back every new administration with FHFA since the head can be fired, and you know once the party preferred FHFA head is installed, then there's a top down shake up of people being fired, replaced, etc. Then new policies get implemented that go against the past administrations 4 years. It makes zero sense having a head hancho at FHFA or CFPB. Its counter productive for tax payers. Mixed boards would be much better decision makers and far less turn over to lower ranks after administration swaps. The inherent and apparent bias that the FHFA and CFPB instills is reason enough to change their structures from a single head to a multi head board.
Was not the FHFA head position found unconstitutional? Why is there still a single director position? Why has congress not corrected what the courts pointed out!
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