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Sunday, 03/12/2017 12:24:15 PM

Sunday, March 12, 2017 12:24:15 PM

Post# of 796408
I asked the Treasury if it might be considering allowing Fannie and Freddie to hold on to their earnings from the fourth quarter and subsequent quarters to protect against a taxpayer draw. A spokeswoman did not respond to a request for comment.

This brings me to the second decision the Trump administration must soon make regarding Fannie and Freddie: Will its Justice Department continue to fight the investor lawsuits as aggressively as the department did under Mr. Obama? Or will the new administration throw in the towel, deciding these are battles it’s not keen to keep waging?

We will most likely know the answers to those questions by April 17. That’s the deadline the government has just been given to produce thousands of documents it has been withholding from plaintiffs in one of the shareholder cases.

https://www.nytimes.com/2017/03/10/business/trump-fannie-mae-freddie-mac.html?_r=0

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