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Tuesday, July 04, 2023 1:33:14 PM
If the USG can take over the US Housing Credit system they can take over the Farm Credit System and impose the political philosophy of the governing party. Farmer Mac is part of the Farm Credit System:
Here is the last paragraph of the CBO GSE restructuring Paper:
In addition, changing the federal government’s relationship with Fannie Mae and Freddie Mac might prompt an assessment of the government’s relationship with other government-sponsored enterprises that support mortgage lending. Those other GSEs include the Federal Home Loan Banks, which make low-cost loans to their member institutions (such as commercial banks, credit unions, and insurance companies), and the Farm Credit System, which provides financial assistance for rural mortgages and other loans guaranteed by the Department of Agriculture.
https://www.cbo.gov/publication/56511
Do you the JB Admin would like to make the Farm Credit System promote woke farm policy?
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