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On Dec. 9, the Supreme Court heard oral argument in Collins v. Mnuchin. The case was init...

Supreme Court Hears Oral Argument in Collins v. Mnuchin – Lawfare

On Dec. 9, the Supreme Court heard oral argument in Collins v. Mnuchin. The case was initiated by Fannie Mae and Freddie Mac shareholders challenging the constitutionality of the Federal Housing Finance Agency (FHFA) as well as a 2012 agreement the FHFA entered into with the Treasury Department that dramatically reduced the shareholders’ ownership interests. Many see the case as a sequel to Seila Law, the recent Supreme Court case related to the Consumer Financial Protection Bureau (CFPB). The court’s …

 

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