Fannie Mae (FNMA)

[obiterdictum]

Hi obiterdictum,

Good morning, Fully Diluted.

thanks for your answer.

You are welcome.

Richard A. Epstein also commented on Calabria's probable term in office. He took part in a round table discussion at the Competitive Enterprise Institute. There he said starting 33:01 in the video attached below:
"Now it's interesting to add by the way that in some of these cases the settlements are not going to make the case disappear. ...because it is an important question of principal... we[scotus] have to solve this."

Epstein thinks that the chances for Calabria to keep the job are 10%

Below is a transcription of Epstein's 10% comment

33:40 - "Just as an odds make I would say that the chances of this structure being held constitutional after Seila and all the stuff going on is uh in the neighborhood of 10 percent. I think it's pretty clear that they're going to win."

When speaking about "structure" Epstein was referring to the "removal for cause" stipulation in HERA. Epstein's comment is referring to the survival chances of HERA's removal for cause stipulation being held as constitutional is 10%.

The comment was not a reference to Calabria's chance to remain in office, which is ultimately determined by the President in association with the relevant cabinet members (Treasury Secretary, Secretary of Housing and Urban Development, etc.) and Calabria.

The chances of Calabria's removal are not calculable at the moment since the Presidency remains in waiting and a new cabinet, if established, is not installed.

GLTY

Ditto.

Reference: