Transit Authority’s Politics Ban Puts General Counsel in Hot Seat

Defending a no-politics policy that took effect after an openly anti-Muslim group beat it in court, a lawyer for the Southeastern Pennsylvania Transportation Authority testified Monday that the agency was justified in blocking advertising about racial disparities in mortgage lending.

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Court Rules Investors Can’t Claim Post-Bailout Mortgage Profits

In a ruling Thursday, the Seventh Circuit upheld the Federal Housing Finance Agency’s authority to divert Fannie Mae and Freddie Mac’s future profits to the U.S. Treasury Department as a condition of their $188 billion bailout during the 2008 financial crisis.

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