Friday, February 16, 2018 9:34:02 AM
we know Mel Watt will DO NOTHING ... so ??
as Mnuchin said: I prefer congress bi-partisan solution
BUT if Congress fails to act he has Administrative Actions
he can TAKE ... what does that mean ? ... NOBODY KNOWS
Will he Stop the SWIPE ? (I doubt it) make the Buffer larger ?
Moelis plan doesn't require Legislation ? ... the ROE language
points to a Utility model -Mel favors utility model ???
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