The congress is finalizing the $1T infrastructure bill that includes $50 billion in "green" energy projects, claiming they will be paid for, but without saying how.
The infrastructure bill plus the debt ceiling issue, the treasury and congress will be making decisions soon. (BTW - government budget year ends Sept. 30th)
The gov budget office estimates GSEs are worth $50B to $100B. Yellen commented they are looking at selling investments.
Question - Will Yellen resolve GSE legal issues and sell warrants to solve budget issues? FNMA goes to $20 per share.
Biden has the money, no raising the debt ceiling and looks like a hero.
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