The Clerk released FHFA and Treasury’s briefs filed last week in the Eighth Circuit today, and copies are attached to this e-mail message. FHFA makes its position clear that HERA gives it the power to do whatever it wants, it has, FHFA is not like any common-law conservator, and nobody — no GSE shareholder, no legislator, no Administration official, and no judge — can second-guess FHFA’s decisions and actions.17-1727-0019 17-1727-0018