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Wednesday, August 09, 2023 10:59:44 PM
The Government is selling the idea that the NWS was in the best interests of the public because it froze the UST Commitment.
But both Dr. Thakor and Dr. Dharan said that the 'public interest' is the safety and soundness of the GSES and you need Capital to do that and that giving away ALL the capital with no possibility of a capital rebuild with the NWS is the antithesis of preserve and conserve.
Does the Jury understand this?
We'll find out shortly.
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