The Supreme Court meets telephonically on Wednesday for its final oral argument of 2020. In Collins v. Mnuchin, the justices will consider a lawsuit by shareholders of Fannie Mae and Freddie Mac who are challenging a 2012 agreement between the Treasury Department and the Federal Housing Finance Agency (which acts as a conservator for Fannie and Freddie). Though the issues related to the 2012 agreement are technical, the case also raises a broader question of presidential power: whether it was unconstitutional for Congress to restrict the ability of the president to fire the director of the FHFA. Earlier this year, in a similar case about removal provisions for the director of the Consumer Financial Protection Bureau, the court answered yes. Our preview of Collins v. Mnuchin is here.
Here’s a round-up of other Supreme Court-related news and commentary from around the web:
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