Fannie Mae-No Politics (FNMA)

[G-old-leader]

SEC and ethics investigation into Corker for insider trading, and after the Wall Street Journal responded to the allegations by probing further, as well.
Fannie Mae reform

Fannie Mae reform is one such example. Bethany McLean, in an article written for Yahoo! Finance, highlighted how Corker sponsored a bill – which passed the Senate Banking Committee in spring 2014 – that would do away with Fannie Mae and Freddie Mac. While there’s no question that Fannie Mae reform is sorely needed, the dissolution of the Fannie Mae and Freddie Mac would indirectly benefit CBL though the direct benefit provided to Wells Fargo, CBL’s primary bank.

Is Corker advancing such legislation “because he thinks it’s good for the nation or just good for his bank account?,” CFA Executive Director Anne Weismann has asked. After all, it becomes awfully difficult to make unbiased policy decisions when those decisions could negatively impact on your biggest supporters.

http://www.valuewalk.com/2015/12/fannie-mae-sen-corker/