Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

HeeeeHeeee! I asked it:

"When will the US Treasury exercise their 79.9% of warrants on Fannie Mae stock?

The US Treasury holds warrants for 79.9% of Fannie Mae's common stock, which were issued as part of the agreement under which the Treasury provided financial assistance to the company during the 2008 financial crisis. The exercise of these warrants is at the discretion of the Treasury and no specific timeline has been announced for when they will be exercised.

As of my knowledge cut off, the Treasury had not exercised the warrants and it's unclear if they will, as the conservatorship of Fannie Mae and Freddie Mac has been extended multiple times, and there have been various proposals in Congress to reform the housing finance system and potentially privatize Fannie Mae and Freddie Mac, which could impact the Treasury's decision on the warrants."

Then Joey told me to ask it to cite its sources: "I'm sorry, I am not able to provide you with a prediction about the future actions of the US Treasury or cite sources as my training data only goes up to 2021, and my knowledge is based on publicly available information. It would be best to check with the US Treasury or other official sources for the most current and accurate information."

Sure, I'll get Janet on the phone now! "Janet baby, it's Robert from Yahoo Board"

Janet: "Bill Ackman is that you, I told YOU, Bruce, and Warren, NO!". "Now I'm busy trying to raise taxes on the evil corporations worldwide, leave me alone!"

Phone line goes dead....