Fannie Mae-No Politics (FNMA)

[observer21]

Here's everything he said.....

"QUICK: FANNIE AND FREDDIE. IT'S BEEN A HUGE ISSUE PEOPLE HAVE BEEN SWIRLING AROUND. IT'S HARD TO SAY EXACTLY WHERE THE ADMINISTRATION STANDS ON IT, BUT YOU HAVE BEEN COMMITTED TO HOUSING FINANCE REFORM. CAN YOU TELL US HOW YOU COME DOWN ON THAT AND WHAT SORT OF TIME FRAME WE SHOULD EXPECT.

MNUCHIN: SURE. SO I MEAN, I'D SAY SOMETHING I'VE ALREADY STARTED WORKING ON. I MET WITH MEL WATT THIS WEEK WE HAD A VERY GOOD CONVERSATION. I MET WITH JEB HENSARLING WE'VE TALKED ABOUT VARIOUS DIFFERENT ISSUES. AS I I'VE SAID BEFORE, I'M COMMITTED THAT UNDER THIS ADMINISTRATION WE'RE GOING TO HAVE HOUSING REFORM SO THAT WE DON'T JUST LEAVE THESE ENTITIES THE WAY THEY ARE. THEY'VE BEEN SITTING THERE FOR TOO LONG OF A PERIOD OF TIME. WE NEED A SOLUTION. WE'RE GOING TO LOOK AT THIS. I THINK THIS WILL BE ONE OF THE AREAS WHERE HOPEFULLY WE'LL HAVE A BIPARTISAN SOLUTION. I THINK THERE'S A LOT OF PEOPLE THAT SHARE THE VIEW THAT WE NEED TO DO SOMETHING WITH THEM. THERE ARE DIFFERENT VIEWS. AS I SAID, YOU KNOW, I'VE ALREADY REACHED OUT TO PEOPLE. WE HAVE A TEAM INTERNALLY THAT WE'VE ALREADY ASSIGNED. SO THIS IS SOMETHING WE'RE GOING TO STUDY CAREFULLY. I DON'T THINK YOU'RE GOING TO SEE SOMETHING RIGHT AWAY FROM US, WHEREAS TAX REFORM IS A NEAR-TERM ISSUE, BUT THIS IS DEFINITELY ON THE AGENDA. WE HAVE A LOT OF THINGS TO DO HERE. THERE'S HOUSING REFORM, THERE'S CYBERSECURITY. I SPENT A LOT OF TIME ON TECHNOLOGY. IT'S A BIG PRIORITY FOR ME TO MAKE SURE WHETHER IT'S THE IRS THAT WE PROTECT PEOPLE'S RECORDS. WE GOT TO UPDATE THE SYSTEMS AT THE IRS. WE NEED TO MAKE SURE THAT THE BANKING INFRASTRUCTURE IS SAFE. SO THERE'S A LOT OF THINGS ON MY TO-DO LIST."

http://www.cnbc.com/2017/02/23/first-on-cnbc-cnbc-transcript-us-treasury-secretary-steve-mnuchin-sits-down-with-cnbcs-becky-quick-on-squawk-box-today.html