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Re: kennedytrading post# 497750

Friday, 01/25/2019 6:18:06 PM

Friday, January 25, 2019 6:18:06 PM

Post# of 801362
Watt did not report to Trump, so Trump couldn't fire him.

FHFA was structured as an independent agency with the Director not reporting to anyone no matter what Maxine Waters thinks.


In hindsight, Trump should have fired Watt during the second year after taking office and put Otting and Calabria in their offices and came up with a fix (release) right after that. Republicans were the majority in the Congress during the first two years, and Trump would not have to deal with Maxim Waters at all.