Fannie Mae-No Politics (FNMA)

[bcde]

"So I see him trusting Mnuchin as his right arm in this situation, as he and Trump appear to always be in lock step. Therefore the true power in this matter is coming from the Treasury Secretary, as the President's surrogate. And I see Mnuchin as viewing Calabria as an academic pawn to be used as he pleases."

Not Sure whether SM has any important say in these matters.

All know, MC is definitely not SM's choice for FHFA. SM's choices like Craig Phillips and Joseph Otting are out of administration. After appointment of MC and WH conservatorship policy memo, SM has not said much about FnF. SM did not even appear in recent Senate hearing.

MC is well connected with DC politicians compared to SM. The best guess is Mnuchin is not the key person in conservatorship matters after WH policy memo. May be SM will be out by the end of the year irrespective of Trump gets another term or not.