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Sunday, September 29, 2019 11:13:48 AM
In all of this one forgets the impact to HUD. One of the oldest executive branch departments. OFHEO played a central role in housing policy. It was thru OHFEO HUD could guide, oversee and verify policy and programs the twins were directed by Charter and Mission to execute. It wasn't managing FnF business strategy and tactics per se. HUD (thru OHFEO) was able to validate compliance to Mission goals. And ensure FnF energies and efforts were spent toward achieving them. That's HUGE in terms of managing US Housing Policy.
When FHFA was created (unconstitutionally) it literally stripped HUD of its REAL power. Trump and Carson are in sync. It's obvious POTUS wants to return administrative authority to HUD. Where he has more direct control. And away from FHFA and its puppet-master TSY. Who has done nothing but enrich the banker cabal. 5D is coming. Time to get off the mountain shorties.
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