Fannie Mae-No Politics (FNMA)

[JOoa0ky]

I don't think they care for a public offering. The decision is retained earnings all the way and then maximize warrant value for pet peeve projects.

The narrative that they need to be recapitalized quickly with private capital is bogus. They've been reformed in such a way that they already have more than enough capital to whether any crises.

FYI COVID was a crisis and zero bailout was needed. That already proved the point.