News & Analysis as of

Executive Authority Collins v Yellin

Sheppard Mullin Richter & Hampton LLP

Supreme Court Rules That Director Of Federal Housing Finance Agency Is Removable At Will; Calabria Fired

The United States Supreme Court ruled on June 24, 2021, in Collins v. Yellin that a restriction on the President’s power to remove the director of the Federal Housing Finance Agency at will is unconstitutional as a violation...more

Ballard Spahr LLP

SCOTUS decision on FHFA’s constitutionality could provide support for validity of pre-Seila Law CFPB actions

Ballard Spahr LLP on

In its decision earlier this week in Collins v. Yellin (previously captioned Collins v. Mnuchin), the U.S. Supreme Court, relying on its decision in Seila Law, held that the Federal Housing Finance Agency’s structure is...more

Burr & Forman

Biden Administration Removes FHFA Director Following SCOTUS Decision

Burr & Forman on

On June 23, 2021, the Supreme Court of the United States (“Supreme Court”) ruled that the director of the Federal Housing Finance Agency (“FHFA”) must be removable and that the tenure protections put in place by the 2008...more

Faegre Drinker Biddle & Reath LLP

Supreme Court Decides Collins v. Yellen

On June 23, 2021, the U.S. Supreme Court decided Collins v. Yellin, holding that: (1) shareholders could not bring a claim that the Federal Housing and Finance Agency (FHFA) violated the Housing and Economic Recovery Act of...more

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