$FNMA #FANNIEGATE

FHFA and Treasury delivered their supplemental briefs to the Eighth Circuit this wee, and copies are attached to this e-mail message. FHFA says because the U.S. Supreme Court refused to invalidate the Third Amendment, the Eighth Circuit should follow suit, and FHFA calls the Bhatti Plaintiffs' theory about President Trump being handcuffed implausible. Treasury urges the Eighth Circuit to affirm the district court's decision dismissing this litigation.

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Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.