Fannie Mae-No Politics (FNMA)

[rach22]

The Tucker Carlson segment is yet another domino to fall. It's only a matter of time before the GSEs are addressed. Regardless, something will have to be done before Trump's tax plan is implemented. Value of tax deferred assets will decrease, decreasing assets side of balance sheet and forcing draws from treasury, which is undesirable for a number of reasons. Trump has stated that he is moving on to tax policy, so we should see material changes with the GSEs very soon.