Fannie Mae (FNMA)

[Sogo]

Excellent work Z! Thanks for transcribing that. I didn't get to see the entire hearing. That's extremely interesting to see how mulvaney lured Watt into basically admitting the GSEs are stable and profitable AND admitting (basically) that he and Treasury are deliberately NOT following the law. And Watt's response was basically "uh uh well it just doesnt apply there". Very weak, Mel! He's a clown following orders. Typical of DC.