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Tuesday, February 07, 2023 1:56:26 PM
The delay lasted for over 1/2 his term and taking 2 bank like GSES whose capital had been depleted to close to ZERO to being adequately capitalized will take time.
MC and SM did finish the 4th Amendment which does increase capital retention at the GSES with a dollar for dollar increase in the LP.
MC, SM, and DJT may have been able to end the CONservatorships in his 1st term but never had the chance.
Developing this counterfactual world is what the USSCT mandated here to determine the shareholders remedy if any and you can see how confused the lower courts are about it.
You don't believe that we would be further along if not completed with the exit from the conservatorships because of the inability of DJT to replace MW on Day 1? DJT explained EXACTLY what he would have done BUT FOR the unconstitutional provision in HERA.
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