Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The TBTF banks are p*ssed about higher Regulatory Capital Requirements and are considering an Administrative Procedures Act challenge:

https://www.bankingdive.com/news/bpi-aba-chamber-fed-fdic-occ-capital-requirements-proposal-letter-more-data-analysis-dimon/693576/

"Six banking trade groups Tuesday asked the Federal Reserve and other regulators to re-propose their sweeping updates to capital requirements — this time, showing the math.

“The proposed rule repeatedly relies on data and analyses that the agencies have not made available to the public,” the Bank Policy Institute and others wrote in a letter to the Fed, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. “This reliance on non-public information violates clear requirements under the Administrative Procedure Act.”