Barrett v. United States


Question(s) Presented

“In 2012, the Government expropriated the net worth of private companies, Fannie Mae and Freddie Mac, by arrogating for itself the Companies’ earnings in perpetuity. The Federal Circuit held this ‘Net Worth Sweep’ did not effect a compensable taking because the Government had purportedly eliminated the Companies’ ‘cognizable property interest’ in their own earnings and net worth through the enactment of the Housing and Economic Recovery Act of 2008.”

“The question presented is whether the Government’s uncompensated appropriation of these private companies’ earnings and net worth through the Net Worth Sweep effects a taking under the Fifth Amendment.”

Posts About this Case

Proceedings and Orders
May 12, 2022
Application (21A711) granted by The Chief Justice extending the time to file until July 22, 2022.
August 8, 2022
Motion to extend the time to file a response is granted and the time is extended to and including October 3, 2022.