Fannie Mae (FNMA)

[guchu]

Future Chief Of Staff Mulvaney Positive For Recapitalization
Mulvaney previously proposed H.R.4913 that basically writes down the Senior Preferred Stock and exercises the warrants and forces the GSEs to produce a capital restoration and terminate the conservatorships when the GSEs complete the plan. Mulvaney will become the Chief of Staff before the end of this year. The Chief of Staff is the #1 position in the White House under Trump. Mulvaney previously criticized FHFA's Watt for allowing an agreement between two agencies of government to trump the law. Watt's defense was that happened before he got there.

https://seekingalpha.com/article/4229316-gse-investors-wait-watt-leave-fhfa?page=3