Fannie Mae-No Politics (FNMA)

[FOFreddie]

My fear is that they will come up with a Consent Decree with a real long exit plan which will allow them to destroy the market value of the GSEs by implementing Neera Tanden type of programs implemented by the GSEs. The Calhoun/Brookings Utility Model Structure would be a good proposal but not a woke Consent Decree model. Are you confident that the UST will want to maximize its return or maximize is woke focused political capital?