Fannie Mae-No Politics (FNMA)

[Potty]

FFF, yes, that is a really big question -- why has nothing been done? Treasury could have rescinded NWS and agreed to pay back overpayment that would in effect have settled all the suits AT ANY TIME IN THE LAST FOUR YEARS (and Judge Sweeney has now sealed that it is all...)

Something really does not smell right.

Gaby from ACG says why would they come all the way to the finish line and not jump over (presumably after election in Nov)?

But looking at it from the perspective you set-up, did the Trump administration even start the race let alone get to the finish line? leave aside Calabria at FHFA who is his own boss -- aside from the WH housing "plan", what has Treasury done aside from continue to fight court cases to higher and higher courts?

Treasury and WH have not started the race imho, so the idea of jumping over finishing lines (in a pandemic and recession and after huge electoral rejection it seems) would be pretty surprising...

The pref prices are bleeding lower, as I suspected, after the buying around SCOTUS taking case. I think it continues to bleed, possibly heavily as Trump loss, and senate turnover, get baked into poll numbers.

(BTW You say Trump is a great marketer, but this is the worst re-election campaign I have ever seen -- the refusal to take leadership in the pandemic, let alone trying to deny it and the mask fiasco, have been self inflicted (fatal?) wounds... Trully bizarre... Mark Meadows is apparently a useless politician...)