Fannie Mae-No Politics (FNMA)

[FOFreddie]

Fair points Eternal Patience

At some point it will become a matter of what kind of financial system do I politicians want.

One where an Admin can create or aggravate a crisis like the GWB did in the Spring of 2008 as a pretext for regulatory provisions of HERA. Just read this page from the NEC March 2008 memo and think it about it in terms of SVB and other future FDIC insured regulatory actions:

https://ypfsresourcelibrary.blob.core.windows.net/fcic/fcic-docs/2008-03-08_Treasury_Email_from_Hason_Thomas_to_Robert_Steel_Re_Source_document_for_Barrons_article_on_FNM.pdf

One where a crisis can be used to essentially nationalize financial institutions like the GWB Admin did with the GSEs with the Conservatorship.

One where previous nationalizations can be used to justify future nationalizations like the SCOTUS Collins decision being used for the CFPB and potential FDIC insured institutions going forward.

Is this what the GOP and some freer market Dems really want? It seems like DJT does not and we dont know about DeSantis.