Fannie Mae-No Politics (FNMA)

[Sogo]

Is GSE issue the reason Senate delaysNewTaxRate? The senate's bill delays the new tax rate by a year, doesn't it?

My first thought was: the "establishment" GOP doesn't want Trump getting any credit until after mid term elections happen, so they delay the tax rate reduction by 1 year. But now I'm wondering if the delay was meant to address the GSEs' DTA situation, or to buy more time on that issue, since Mnuchin and congress have stated that "housing reform" has been pushed back (was supposed to be addressed in 2017) into 2018 on the priorities/agenda.

If the proposal for a delay in the new tax rate passes through reconciliation, then does that suggest there is not necessarily a strong will to destroy the GSEs? If their destruction is still the TBTF's preference, they'd lobby for the new tax rate to take effect immediately so that the GSEs are forced to draw from treasury.