News & Analysis as of

Supreme Court of the United States › American Recovery and Reinvestment Act

The United States Supreme Court is the highest court of the United States and is charged with interpreting federal law, including the United States Constitution. The Court's docket is largely discretionary... more +
The United States Supreme Court is the highest court of the United States and is charged with interpreting federal law, including the United States Constitution. The Court's docket is largely discretionary with only a limited number of cases granted review each term.  The Court is comprised of one chief justice and eight associate justices, who are nominated by the President and confirmed by the Senate to hold lifetime positions. less -
Sheppard Mullin Richter & Hampton LLP

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

Sheppard Mullin Richter & Hampton LLP on

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

Faegre Drinker Biddle & Reath LLP on

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

Dorsey & Whitney LLP

The Supreme Court - June 23, 2021

Dorsey & Whitney LLP on

Collins v. Yellen, No. 19-422: The Housing and Economic Recovery Act of 2008 (“Recovery Act”), 12 U.S.C. §4501 et seq., was passed in response to concerns that Fannie Mae’s and Freddie Mac’s financial condition as a result of...more

Fenwick & West LLP

Fenwick Employment Brief - July 2013: Waiver of Class Action Remedy Enforced Even Though Anticipated Costs of Individual...

Fenwick & West LLP on

In American Express Company v. Italian Colors Restaurant, a non-employment case, the Supreme Court enforced a class action waiver in an American Express (“AMEX”) arbitration agreement despite a restaurant’s objection that the...more

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