Supreme Court Agrees To Hear FHFA Separation Of Powers Consolidated Appeals

Mealey's (July 10, 2020, 2:08 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on July 9 agreed to hear two appeals in an investor lawsuit that seek determination as to whether the structure of the Federal Housing Finance Agency (FHFA) violates the separation of powers and whether federal courts are required to set aside actions set forth by the FHFA under its current single-director structure (Patrick J. Collins, et al. v. Steven T. Mnuchin, et al., No. 19-422, and Steven T. Mnuchin, et al. v. Patrick J. Collins, et al., No. 19-563, U.S. Sup.)....