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Re: RickNagra post# 659301

Monday, 01/11/2021 3:48:47 PM

Monday, January 11, 2021 3:48:47 PM

Post# of 800680
He’s been urging Treasury Secretary Steven Mnuchin to sign off on last-minute changes to the government’s relationship with Fannie and Freddie, including altering the terms of the Treasury Department’s roughly $220 billion stake of senior preferred shares in the companies. Such a move is key to releasing them and might be difficult for Biden to undo.

https://www.bloomberg.com/news/articles/2021-01-11/biden-s-team-explores-ways-to-replace-fannie-freddie-regulator