FHFA is structured the same way as the CFPB. Ths is ripe that our government is arguing one is legal and the other is not.
Numerous news headlines have trumpeted major concerns about inflation, which has been at 40-year highs. But how should investors handle inflation as it pertains to their portfolios? At the Morningstar Investment Conference on Monday, Kevin Dreyer, co-CIO of Gabelli Funds, outlined some guidelines for investing in the age of inflation. Historic inflation Dreyer started by Read More
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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