Fannie Mae-No Politics (FNMA)

[RCChristian]

Timothy Howard said it was expected of him to say that as Treasurer to uphold the credibility of the Treasury. Until an exec order has been issued or housing reform is on full swing or a court decision has made stating otherwise, Mnuchin can not change the rules on the fly. WATTS on the other hand is different. He has the power and the responsibility to make GSE Reforms which includes NWS and taking it out of conservatorship. It's stated on their FHFA site that he has sole authority.