Fannie Mae-No Politics (FNMA)

[Wise Man]

BOOM! PELOSI WITHHOLDS A FANNIEGATE RESOLUTION TO LEVER UP HER LOCAL AND STATE GOVT BAILOUT NEGOTIATION.
https://twitter.com/CarlosVignote/status/1326035892193079296?s=19
In a press conference that took place one week before the elections, she stressed that "the fiscal soundness of the state and local govts is important", when fiscal soundness doesn't exist, but fiscal consolidation, fiscal discipline or balanced budget.
It's obvious that she was briefed by Mnuchin about FnF and the conservator's power: "put FnF in a sound and solvent condition", and she wants the same cheap bailout written in their Charters for the local and state govts.

***THE TWITTER THREAD THAT WE WERE WAITING FOR***
Pelosi will concede. We need the Congress to revoke the Charter as part of a broad revamp of the Housing Finance System through the FnF's Common Securitization Platform.

The announcement of the ultimate resolution is imminent.