Fannie Mae Preferred S (FNMAS)

[rosen62]

What she wants is to determine whether FHFA is the United States or not.

She meant: FHFA acting as an arm of the Treasury. Thus, Treasury being on the driver's seat.

But Defendant already muddled the waters. US lawyer already told the Judge that FHFA can be the US, can be FHFA as an independent agency and can be both a conservator and a regulator. In other words, a chameleon that will take each convenient role to obfuscate Cooper every time he comes back to bite. Problem is that Judge Sweeney was also fine with that definition of "what is" FHFA.

All the apparent confusion that comes from the US side is in purpose. Not incompetence. It's a strategy.