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Trump: 'We're going to surprise you' with speed of tax reform
www.cnbc.com/.../trump-were-going-to-surprise-you-with-speed-of-tax-reform.html
President Donald Trump: We Are In 'Very Good Shape' For Tax ...
Video for President Donald Trump: We Are In 'Very Good Shape' For Tax Reform | Closing Bell | CNBC? 1:31
FSR Submits Letter to Senate Banking Committee Leadership Outlining Proposals to Spur Economic Growth
FOR IMMEDIATE RELEASE
April 14, 2017
Housing Finance Reform
We also strongly believe that fixing our broken housing finance system will improve economic growth. Through The Housing and Economic Recovery Act of 2008, taxpayers covered $187 billion dollars in losses from Fannie Mae and Freddie Mac (GSEs), and the GSEs were placed into conservatorship. However, as a result of that bailout, the U.S. taxpayer is on the hook for virtually every mortgage made in America today. A transition from government conservatorship to a system that features more private capital is long overdue.
FSR Submits Letter to Senate Banking Committee Leadership Outlining Proposals to Spur Economic Growth - Press Release Point
Ruling On CFPB Could Upend Controversial Net Worth Sweep - law360.com
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Ruling On CFPB Could Upend Controversial Net Worth Sweep
Law360, New York (April 14, 2017, 12:55 PM EDT) -- A court challenge to the constitutionality of the Consumer Financial Protection Bureau could have significant ramifications for another government agency, the Federal Housing Finance Agency (FHFA), and a controversial policy that is at the center of a number of lawsuits.
In March, the Justice Department filed a brief in the federal Court of Appeals for the District of Columbia Circuit admitting that the CFPB’s structure is unconstitutional. In the case before the D.C. Circuit, PHH Mortgage challenged actions taken by the CFPB in part because the...
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President Trump: We May Eliminate Dodd-Frank Rules | CNBC
Well – looks like that’s exactly what Trump is planning to do…
WASHINGTON—Almost three weeks after canceling a vote on his health-care package over infighting among his fellow Republicans and opposition from Democrats, President Donald Trump dug back into the fight on Wednesday, threatening to withhold payments to insurers to force Democrats to the negotiating table. –WSJ
And as former Blackrock portfolio manager Ed Dowd suggested – Trump could accomplish this by simply stopping the GSE dividend sweep Obama set up to siphon funds into an Obamacare triage mechanism to pay off insurers which would otherwise leave the program:
Follow
Ed @DowdEdward
By not long...do you literally mean weeks as you order the stop of the illegal Fannie/Freddy dividend sweep into Treasury thus ensuring ???
…The Democrats will make a deal with me on healthcare as soon as ObamaCare folds - not long. Do not worry, we are in very good shape!
— Donald J. Trump (@realDonaldTrump) March 28, 2017
Google Youtube Video:
PRESIDENT DONALD TRUMP FULL INTERVIEW WITH MARIA BARTIROMO (4/12/2017)
Republican News Watch
9 hours ago 13,918 views
Timothy's post on the Yahoo Conversation Board. 2 hours ago
Any reasonable connection of the dots would point to expose not continue.
https://www.nytimes.com/2017/04/07/business/fannie-mae-freddie-mac-craig-phillips.html?_r=0&referer=https://t.co/06ymQlsgfH
Go to the Yahoo Conversation board and read Timothy's post.
Timothy 1 hour ago
Mnuchin has hired a guy who knows what the govt knew in 2008 before they were taken into conservatorship.
"His stint there may complicate his current work on the future of Fannie Mae and Freddie Mac because at that time, his BlackRock unit was acting as a consultant to F.H.F.A., analyzing Fannie and Freddie’s loss and capital projections. The companies were taken into conservatorship by the government over Labor Day weekend in 2008.
It is unclear what the BlackRock analyses showed. But it must be interesting reading given the great efforts the government has made to keep the documents from seeing the light of day in a lawsuit brought by shareholders of Fannie and Freddie.
The suit involves the government’s abrupt decision in 2012 to seize all the companies’ profits every quarter. The BlackRock Solutions analyses from 2008 are among thousands of documents the government has asserted are covered by privileges associated with the deliberative process and bank examinations."
In the News
Thursday April 6th 2017
New filing in the Fairholme case, click here to view.
2nd filing in the Fairholme case, click here to view.
Peter Chapman writes, "Our government is resisting paying Fairholme's expenses to prosecute its motion to compel. In a reply filed today, Fairholme tells Judge Sweeney that withholding documents from Fairholme was substantially justified and the amount Fairholme seeks far exceeds the range of reason."
gselinks.com
Fairholme tells Judge Sweeney that withholding documents from Fairholme was substantially justified and the amount Fairholme seeks far exceeds the range of reason."
FNMAL is up .20
FNMAJ is up .19.
Thanks,
Go to CNN INSTITUTIONAL HOLDING FNMA.
You'll see Stocktwits.
Orthokneepa tweeted (Apr. 3 at 4:25 AM )
$FNMA Ackman has added preferred shares.
We will find out March 31st balance sheet on Monday... https://www.fms.treas.gov/dts/index.html
Video search on Youtube :Chairman Chaffetz speaks on the importance of H.R. 1694
Chairman Chaffetz speaks on the importance of H.R. 1694
oversightandreform
9 minutes agoNo views
Learn more at http://Oversight.House.Gov.
Frank M Fosco Jr. Retweeted
standfortruth? @JaredALevine 9 hours ago
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Perry v @stevenmnuchin1 going for en banc rehearing, this is #fanniegate $fnma $fmcc
fighting for our rights!
Tonight at 9:00pm ET on Fox News Channel.
President Donald Trump will sit down with Tucker Carlson in Detroit for an interview that will air tonight at 9:00pm ET on Fox News Channel.
Exclusive: Obama Stole 200+ Billion In Secret Bail In
Confirmed: Treasury Says Obama Stole From Fannie ... - Infowars
https://www.infowars.com/treasury-report-obama-stole-from-fannie-freddie-investors-...
6 hours ago - Confirmed: Treasury Says Obama Stole From Fannie, Freddie Investors to ... Stock Purchase Agreements (SPSPAs) with Fannie Mae and Freddie Mac ... following Treasury's receipt of NWS funds from Fannie and Freddie.
CONFIRMED: TREASURY SAYS OBAMA STOLE FROM FANNIE, FREDDIE INVESTORS TO FUND OBAMACARE
Docs reveal Obama defrauding mortgage investors
Jerome Corsi | Infowars.com - MARCH 13, 2017
WASHINGTON, D.C. – A careful analysis of the Treasury Department’s “Agency Financial Report for Fiscal Year 2013” provides evidence the Obama administration stole from Fannie and Freddie investors to fund Obamacare.
Guided by a CPA, who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac, Infowars.com has documented in the Treasury Department’s 2013 financial reports how the Obama administration diverted into Obamacare billions of dollars that Treasury confiscated from Freddie and Fannie earnings.
On Aug. 17, 2012, the Obama administration finalized the amendment of the Treasury Department’s Senior Preferred Stock Agreements with Fannie and Freddie that deprived private and institutional investors of their legally due dividend payments.This enabled the Obama Treasury Department to confiscate billions of dollars in Fannie and Freddie earnings, in what is known as the “Net Worth Sweep,” or NWS.
The analysis begins with a table entitled “Summary Financial Information,” presented on page 26 of the Treasury Department’s “Agency Financial Report for Fiscal Year 2013.”
'SNL' Sets Phasers to Blast With Sketch Showing Trump Facing Off ...
www.nbcnews.com/.../snl-sets-phasers-blast-sketch-showing-trump-facing-aliens-n73...
11 hours ago - News. Mar 12 2017, 12:41 pm ET ... "Saturday Night Live" set phasers to blast, as the cast and host Scarlett Johansson took aim at the Trump ...
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Yahoo Finance
1y Target Est $4.75
It used to be $1
Department of Housing and Urban Development
Trump’s pick: Dr. Ben Carson
Status of nomination: Awaiting a floor vote. Approved unanimously by the Senate Committee on Banking, Housing, and Urban Affairs on January 24.
After Hours Trading
FNMA
$3.32, Vol 308,257.
*
0.62
22.96%
*Delayed - data as of 02/21/2017 16:38
Read more: http://www.nasdaq.com/symbol/fnma/after-hours#ixzz4ZMHtoDIL
LIVE: Senate Debates Steven Mnuchin Nomination
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1pm EST: President Trump & Japanese Prime Minister hold joint news conference from the East Room of the White House.
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LIVE STREAM: Senate Plans to Vote on Jeff Session Nomination for Attorney General
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LIVE STREAM: Senate Plans to Vote on Jeff Session Nomination for Attorney General
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Senate Democrats delay vote on Trump Treasury pick Mnuchin
CNNMoney? - 3 hours ago
19 confirmation hearing, Democrats grilled Mnuchin over OneWest, which has been ...
A Senate committee vote on Treasury Secretary nominee Steven Mnuchin has been pushed to Tuesday morning.
Do not require Senate confirmation. Carl Icahn
Carl Icahn
Special Adviser on Regulatory Reform
Appointed
Icahn, 80, founder of Icahn enterprises. Forbes estimates his net worth at $17.6bn. Like Trump, a Queens boy made good. Staunchly anti-regulation. Made a fortune as an “activist investor” using minority stakes in companies to do battle with corporate boards in order to wring out short-term profits. Said to advise Trump closely in his pick to lead the Environmental Protection Agency, which Icahn has criticized, and the Securities and Exchange Commission.
The billionaire investor and famed “corporate raider” will oversee Mr. Trump's promised effort to unwind as many regulations on business as he can.
Special Advisor, Icahn
Carl Icahn
Special Adviser on Regulatory Reform
Appointed
The billionaire investor and famed “corporate raider” will oversee Mr. Trump's promised effort to unwind as many regulations on business as he can