The Collins Plaintiffs sent a letter to the Fifth Circuit today. Attached to that letter is a letter from former President Trump saying he would have fired Mel Watt earlier if HERA’d explicitly allowed him to do so. The implication is the exception the U.S. Supreme Court articulated in Collins v. Yellen may, to GSE shareholders’ benefit, have merit. A copy of the letter and its attachments is attached to this e-mail message.
