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Re: Sogo post# 412024

Wednesday, 05/17/2017 12:44:06 PM

Wednesday, May 17, 2017 12:44:06 PM

Post# of 801458
"If Watt discussed capital buffer with Mnuchin, wouldn't that suggest that Mnuchin is at the very least ok with strengthening the GSEs before Jan '18 comes? "

Watt said during his testimony that he has not worked with the Treasury yet and has waited to be approached by the Treasury. He also said he would approach the Treasury if, and only if, Congress instructed him to.