Fannie Mae-No Politics (FNMA)

[IL Padrino]

Would Fed have inside knowledge of upcoming En Banc ruling?

Nothing's impossible. But who's the "Fed" exactly? Any inside knowledge would be illegal and the judge(s) who leaked that info would be removed if caught.

If not, and the ruling castrates Treasury & FHFA for lack of proper governance, would President have second thoughts about Steve for not acting sooner to dismantle the Net sweep?

Not likely. I don't think Steve was put there to handle this specifically. But since he was hired long after the NWS, he's not responsible for the outcome of its legality.

The MAJOR question I have is both him and Calabria have stated the NWS is illegal and want to reverse it. So why has nothing been done about it since they've held their positions?