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Patrick J. Collins, et al., Petitioners v. Steven T. Mnuchin, Secretary of the Treasury, et al.

  1. June 23, 2021

    High Court Says FHFA Director Must Be Removable

    The U.S. Supreme Court on Wednesday ruled that the tenure protection given to the director of the Federal Housing Finance Agency is unconstitutional, clearing the way for the Biden administration to sack the agency's Trump-appointed chief.

  2. December 09, 2020

    Justices Scrutinize Remedies In FHFA Constitutionality Case

    The U.S. Supreme Court wrestled Wednesday with how far to go on the question of the Federal Housing Finance Agency's constitutionality as investors challenging the agency's multibillion-dollar "net worth sweep" of Fannie Mae and Freddie Mac pushed for the justices to set the arrangement aside.

  3. December 04, 2020

    Up Next At High Court: Nazi Art Theft, Facebook Class Action

    The U.S. Supreme Court will hear its final cases of 2020 starting Monday, including a $250 million lawsuit against Germany over art stolen by Nazis, a high-profile Facebook privacy case, and a separation-of-powers showdown involving a housing regulator.

  4. October 26, 2020

    Justices Told FHFA's Structure Not Fatal To Profit Sweep

    The Trump administration told the U.S. Supreme Court on Friday that while the Federal Housing Finance Agency's single-director independent leadership structure is unconstitutional, that's no reason to strike down the government's so-called net worth sweep of Fannie Mae and Freddie Mac as investors in the two mortgage giants are insisting.

  5. October 19, 2020

    Justices Warned Of 'Upheaval' In FHFA Constitutionality Case

    The outside attorney tasked with defending the Federal Housing Finance Agency's constitutionality has warned the U.S. Supreme Court of the potential for "dramatic upheaval" if the justices invalidate the housing regulator's single-director independent structure, arguing that such a ruling could expose the Federal Reserve and other parts of the federal government to legal challenge.

  6. October 02, 2020

    Supreme Court Cheat Sheet: The Biggest Cases To Watch

    The U.S. Supreme Court comes back into session Monday to take on historic cases, including disputes over LGBTQ rights and the Affordable Care Act, but with only eight members following the death of Justice Ruth Bader Ginsburg and still closed to in-person attendance because of the coronavirus pandemic. 

  7. September 17, 2020

    Justices Told FHFA's Structure Sinks Fannie, Freddie 'Sweep'

    A group of Fannie Mae and Freddie Mac investors on Wednesday urged the U.S. Supreme Court to reject the government's years-long, multibillion-dollar "net worth sweep" of the two mortgage giants, arguing that it was the product of an unconstitutionally structured Federal Housing Finance Agency.

  8. August 17, 2020

    High Court Taps Kirkland's Nielson To Defend FHFA Structure

    The U.S. Supreme Court on Monday tapped Kirkland & Ellis LLP attorney Aaron Nielson to defend the constitutionality of the single-director structure of the Federal Housing Finance Agency during the high court's next term.

  9. July 09, 2020

    High Court Takes Up FHFA Constitutionality Case

    The U.S. Supreme Court said Thursday that it will hear appeals in a case challenging the government's "net worth sweep" of Fannie Mae and Freddie Mac, agreeing to review questions around the single-director structure of the Federal Housing Finance Agency and its conservatorship of the two mortgage giants.

  10. October 31, 2019

    FHFA Constitutionality Case Not Fit For Review, Justices Told

    The Trump administration urged the U.S. Supreme Court on Wednesday not to hear an appeal sought by Fannie Mae and Freddie Mac shareholders who argue the Federal Housing Finance Agency is unconstitutionally structured, saying the case was a weak cousin of a Consumer Financial Protection Bureau challenge already before the justices.

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