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Monday, February 27, 2017 1:12:25 AM
The MOST important part i got out of the interview is, "We want to make sure there's liquidity in the 30 year mortgage"
Now there are only 2 entities that can do that and it's the GSEs. You take all the private capital and it can not bring liquidity the way GSEs do. We are talking about Trillions here.
This is the Video with Maria Thursday on Fox Money
http://video.foxbusiness.com/v/5334078062001/?#sp=show-clips
Thanks. Good work.
He did say in this third Maria video, "I think this was a ruling favorable to the Treasury, but...."
Agreed RCChristian.
Mnuchin said it in a matter of fact way and directed it as an issue for the DOJ.
Nothing much here to work with here. He pushes it aside to make other points more important to him and his work.
The other interview referred to was conducted by Becky Quick on CNBC Squawk Box on Thursday, 2/23/17. The full interview is linked below.
Mnuchin did not say "the decision was good for the Treasury" during the interview with Betsy Quick and there was no saying of the same or the above by Mnuchin on the two Maria Maria Bartiromo video clips.
Source:
Maria Bartiromo
2/23/17 - Mnuchin Statement on Appeals Decision
http://video.foxbusiness.com/v/5334078062001/?#sp=show-clips
2/23/17
http://video.foxbusiness.com/v/5334021784001/?#sp=show-clips
2/26/17
http://video.foxnews.com/v/5338386218001/?#sp=show-clips
2/23/17 - Treasury Secretary Steve Mnuchin On Tax Reform, Growth, Border Tax, China (Full) | Squawk Box | CNBC
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