Biden to fire FHFA director

[struggle4progress]

BY SYLVAN LANE - 06/23/21 01:01 PM EDT 315

President Biden plans to fire Federal Housing Finance Agency (FHFA) Director Mark Calabria after the Supreme Court struck down a protection against his dismissal Wednesday ...

... The court held Wednesday that the structure of the FHFA, the conservator and overseer of Fannie Mae and Freddie Mac, was unconstitutional because it prevents the director from being fired by the president for reasons other than neglect or misconduct. The court ruled that the FHFA director can be fired at will by the president, opening the window to dismiss Calabria.

Calabria, a Republican, has served as FHFA director since April 2019. He was appointed to the position by former President Trump after serving as the chief economist to former Vice President Mike Pence.

Before joining the FHFA, Calabria was a staunch advocate for removing Fannie Mae and Freddie Mac from federal conservatorship. The mortgage securitization firms have been under federal control since the creation of the FHFA in 2008 following the collapse of the housing market ...

https://kion546.com/news/no-categories/2021/06/23/supreme-court-decision-erases-cesar-chavez-victory/

[Cha]

1. Excellent!

[malaise]

2. If he had a shred of decency he's have resigned

immediately on hearing that ruling

[onetexan]

3. The GOP has no shame. They want the firing so they can go on record that Biden is partisan when

he's been calling for unity.

[dchill]

7. All their decency is in shreds.

[11 Bravo]

10. And if my aunt had balls she'd be my uncle.

But since neither is the case, here we are ... another Repuke without any decency, and me without an uncle.

[marble falls]

4. Keep sweepin'!!!

[Fla Dem]

5. Wow, Supreme Court surprises again. Although they ruled against a labor union related issue.

[bringthePaine]

6. so many vermin...

[Comfortably_Numb]

8. Does that mean he can can deTurd next?

[titanicdave]

9. .....As Mr. Burns Would Say....

....EXCELLENT!!!!

[Pepsidog]

11. Will this SCOTUS decision impact DeJoy?

[live love laugh]

13. It should. nt

[ShazamIam]

12. Sounds like he was one of the Kochlibertarian, privatize the entire nation including all government

agencies that support the public good, like a housing finance program. Important when the goal is to turn us into a nation of renters, not a nation that once built houses for even the working class.