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Expert Analysis - Opinion

Justices' FHFA Ruling Is Small Step In A Dangerous Direction

By David Driesen ( June 24, 2021, 5:59 PM EDT) -- In Collins v. Yellen, the U.S. Supreme Court invalidated for-cause removal protection for the director of the Federal Housing Finance Agency. In doing so, it sidestepped statutory restrictions on lawsuits brought by Fannie Mae and Freddie Mac shareholders and encouraged private parties to bring litigation aimed at weakening the independence of federal agencies....

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