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BHATTI v. FEDERAL HOUSING FINANCE AGENCY

No. 18-2506.

15 F.4th 848 (2021)

Atif F. BHATTI; Tyler D. Whitney; Michael F. Carmody Plaintiffs-Appellants v. FEDERAL HOUSING FINANCE AGENCY; Department of the Treasury; Sandra L. Thompson Defendants-Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: October 6, 2021.

Attorney(s) appearing for the Case

Brian W. Barnes , Charles J. Cooper , Peter A. Patterson , David H. Thompson , Cooper & Kirk, Washington, DC, Scott Gregory Knudson , Taft & Stettinius, Minneapolis, MN, for Plaintiffs-Appellants.

Howard N. Cayne , Robert J. Katerberg , Dirk C. Phillips , Asim Varma , Arnold & Porter, Washington, DC, Mark Alan Jacobson , COZEN & O'Connor, Minneapolis, MN, for Defendants-Appellees Federal Housing Finance Agency, Sandra L. Thompson.

Craig Raymond Baune , Assistant U.S. Attorney, U.S. Attorney's Office, District of Minnesota, Minneapolis, MN, Robert Charles Merritt , U.S. Department of Justice, Federal Programs Branch, Gerard Sinzdak , Mark B. Stern , Abby Wright , U.S. Department of Justice, Civil Division, Appellate Staff, Washington, DC, for Defendant-Appellee Department of the Treasury.

Before SMITH, Chief Judge, GRUENDER and BENTON, Circuit Judges.

Three shareholders in the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") challenge the structure of the regulatory agency overseeing them, the Federal Housing Finance Agency ("FHFA"). The shareholders allege the FHFA's leadership structure and appointments...

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