Fannie Mae-No Politics (FNMA)

[Johnje]

Watt did not mean that he will end the NWS. He meant that he has the authority to not make a payment to treasury so that he can build a capital buffer so that the gse's will not require another draw.

I also agree that watt and Mnuchin discussing a capital buffer is big. Even if the NWS isn't stopped completely not making a payment to the treasury would be big... And put pressure on congress to move forward or the NWS could be completely stopped....