$FNMA #FANNIEGATE

Posted on March 17, 2017

15-1177-166653 from earlier: Dow Jones reported a few minutes earlier that the Department of Justice says the Consumer Financial Protection Bureau is unconstitutionally structured.  Indeed, in an amicus filing in PHH v. CFBP, No. 15-1177 (D.C. Cir.), today — a copy of which is attached to this e-mail message — the Department of Justice doesn’t support the way the CFBP is structured.  By implication, the Department of Justice would not support the way FHFA is structured.  Our government’s arguments today in PHH v. CFPB do not square with our government’s arguments on a Reply filed on Feb. 27, 2017 — see http://gselinks.com/Court_Filings/Collins/16-cv-03113-0038.pdf — in Collins v. FHFA which challenges the constitutionality of the FHFA.  Incredibly, Chad R. Readler, Acting Assistant Attorney General, is the same lead lawyer in both cases!


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