Fannie Mae-No Politics (FNMA)

[RickNagra]

It is highly unlikely that Calabria will be removed. Mnuchin Yellen and Calabria have been working together for the last few weeks and have a plan in place. It is great to see cooperation between everyone. Calabria is not going anywhere I can assure you. And you also should not want to see him go. He advocated for us and tried very hard to get the seniors cancelled. Mnuchin said no because he plans to use them as a bargaining chip. It's all good.

He can stay that long. Wow

"Department and the FHFA. The FHFA will be controlled by Mark Calabria until the end of his term in April 2024, unless the Supreme Court rules in Collins v. Mnuchin that the president has the right to remove him. "