The justices reportedly seemed leery of taking up shareholders of Fannie and Freddie on their challenge to a 2012 agreement that has cost the companies more than $245 billion in payments to the government, with Justice Neil Gorsuch reportedly calling the request “hard to swallow.”
The judges were also weighing a claim that the structure of the FHFA, similar to the court’s ruling in a recent case involving the Consumer Financial Protection Board, is unconstitutional because the President can only fire the head of the agency “for cause.”
