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clarencebeaks21

07/01/23 10:56 AM

#758697 RE: Robert from yahoo bd #758693

I noticed the same comment about appropriations. This is a quote from SCOTUSBlog (emphasis *** is mine):

Nebraska Attorney General Mike Hilgers, one of the state officials who brought the challenge to the program, praised the decision. In a statement, Hilgers said that Friday’s decision “is a timely reminder that the President is no king” but must instead “work with, and not around, Congress.” “Our elected federal representatives are closest to the people, ***have the power of the purse***, and are entrusted with the responsibility of tackling difficult policy issues.”
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Wise Man

07/01/23 11:44 AM

#758700 RE: Robert from yahoo bd #758693

FHFA has limited powers. No major questions asked.
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Robert from yahoo bd

07/01/23 12:42 PM

#758706 RE: Robert from yahoo bd #758693

Unlike Nebraska v Biden, in Collins, the Supremes 'blessed' the Net Worth Swipe as statutorily sound under the sweeping powers granted to the FHFA to act, "in the interests of the FHFA or the public it serves".

"And as we have

already shown, the HEROES Act provides no authorization

for the Secretary’s plan even when examined using the or-
dinary tools of statutory interpretation—let alone “clear
congressional authorization” for such a program.9

Footnote 9, Biden v Nebraska:

"As we have explained,
the statutory text alone precludes the Secretary’s program. Today’s opin-
ion simply reflects this Court’s familiar practice of providing multiple
grounds to support its conclusions. "

"Today, we
have concluded that an instrumentality created by Mis-
souri, governed by Missouri, and answerable to Missouri is
indeed part of Missouri; that the words “waive or modify”
do not mean “completely rewrite”; and that our precedent—
old and new—requires that Congress speak clearly before a
Department Secretary can unilaterally alter large sections
of the American economy. We have employed the tradi-
tional tools of judicial decisionmaking in doing so. "
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stockanalyze

07/01/23 1:54 PM

#758715 RE: Robert from yahoo bd #758693

do plaintiff's capitalize on it?