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Tuesday, April 04, 2017 12:15:33 PM
Watt thinks Congress is needed to unwind the conservatorship
my opinion
Due to Watt's multiple warnings on capital - he would not stop a Mnuchin order to end the NWS -- and to the extent any payment was to be made to Treasury (for the original 10% for example) it finally be done with in kind stock
Summary
The decrease in amount of Sweep or taking it to zero or moving it to in kind - is not something Watt would argue with if Treasury said its cool
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