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The Most Important Supreme Court Cases of 2021

Bloomberg Law

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The Supreme Court's Ruling on the Fanny and Freddy Lawsuits

Investors sued the government after it bailed out freddy mac and fanny may in exchange for all their profits. The investors said that the federal government lacked the authority to do this under federal statutes. And secondly, they said there was a big constitutional problem with the agency that oversees those two entities. That's what gave joe biden the authority to fire the holdover trump director - he got named mark calabria.

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