Fannie Mae-No Politics (FNMA)

[cooler_heads]

Mnuchin: GSEs can't be government owned.

Next Treasury Sec promises tax cuts, roll-back of Dodd-Frank, getting out of GSEs
Nov. 30, 2016 8:30 AM • SA Editor Stephen Alpher
Confirming that he's Trump's pick to be Treasury Secretary, Steven Mnuchin (appearing with Trump's Commerce pick Wilbur Ross) tells CNBC his first priority will be tax reform. There will be a middle-class tax cut, he says. As for the corporate rate, Mnuchin and team feel 15% is the right level.
On bank regulation: "We have to kill many aspects of Dodd-Frank." KRE +1%, KBE +0.4% premarket
On the GSEs: Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) cannot be government-owned. FNMA +7.15%, FMCC +7.6

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