Home > Boards > US OTC > Banking and Finance > Fannie Mae (FNMA)

Congress could up until Jan 01 2018 restrict

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
slacker01 Member Profile
 
Followed By 11
Posts 1,200
Boards Moderated 0
Alias Born 08/01/13
160x600 placeholder
Firms Warn of Risks in Plan to Take Fannie Mae, Freddie Mac Private Dow Jones News - 11/24/2019 6:00:00 AM
JPMorgan Deal Shows Possible Path to Smaller Fannie and Freddie Dow Jones News - 11/8/2019 8:29:00 AM
Banks Get Ready For Privatization Of Fannie, Freddie -- WSJ Dow Jones News - 10/24/2019 3:02:00 AM
The White House Wants to Privatize Fannie and Freddie. It Needs Wall Street's Help. Dow Jones News - 10/23/2019 12:14:00 PM
Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds Dow Jones News - 10/1/2019 4:37:00 PM
Altria, Fannie Mae, Nike: Stocks That Defined the Week Dow Jones News - 9/27/2019 6:09:00 PM
Top 4 Penny Stocks to Watch This Week InvestorsHub NewsWire - 9/16/2019 12:35:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores--5th Update Dow Jones News - 8/13/2019 11:02:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores--3rd Update Dow Jones News - 8/13/2019 4:10:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores--2nd Update Dow Jones News - 8/13/2019 3:50:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores--Update Dow Jones News - 8/13/2019 2:58:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores Dow Jones News - 8/13/2019 2:42:00 PM
Fannie, Freddie to Consider Alternatives to FICO Scores Under New Rule Dow Jones News - 8/13/2019 2:32:00 PM
Fannie and Freddie's Uncertain Future, Explained Dow Jones News - 4/24/2019 11:29:00 AM
Private Investors Encroach on Fannie and Freddie's Domain Dow Jones News - 3/9/2019 7:29:00 AM
slacker01   Monday, 10/21/19 10:48:36 PM
Re: arkup post# 571486
Post # of 582978 
Quote:
Congress could up until Jan 01 2018 restrict the Secretary of the Treasury from selling/canceling the SPS without legislative approval. That time limit has expired. If you recall from school house rock a bill must go through three steps to become/amend a law. First a bill starts in the house and if they vote to approve it then it goes to the Senate. If the Senate approves it then the President will sign it into law or veto it.

Considering that Water's bill will need to go through that process it incredibly unlikely it would make it to Trump and if it did he would likely veto it.

So what is the fear fairy that haunts your dreams?




Obviously she thinks she wields the power to do so. So we shall see after tomorrow. The dems think that they have unrestricted power and nobody can stand in their way. Who is going to stop them? Do you really think the democratic process or rule of law will do it? HA! We have been chasing ghosts on this for 11 years.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist