Saturday, January 06, 2024 3:49:36 AM
Entitled: "scroll all the way down, babe."
Once again, navycmdr attempts to supplant the actual mandate of release in the Dodd-Frank law of 2010, and subsequent Privatized Housing Finance System end point of conservatorship that the UST came up with in February 2011 (both images posted below), for a series of bills introduced in Congress in 2016 and 2023.
It renders the conservatorship as a typical Transition Period to build capital and the 2021 capital rule labelled "back-end", thanks to the lack of the required 18-month IMPLEMENTATION section, as seen in the FHEFSSA for the first capital ratios in 1992:
The g-fee hikes meant to that end, recommended by the Treasury "as if they were held to the same capital standards as private banks", which means Basel framework, stipulated in the 2011 Report to Congress:
All the U.S. officials have been building on it: CSS, UMBS, Basel framework, commingled securities, etc., and DeMarco began to work on it right away:
Obviously, this translates into a Charter revoked scenario, as it renders the UST backup of FnF, pointless, along with their Public Mission.
The conspirators don't like it. This is why they claim that there is expectation of amendment of the capital requirements Basel framework for fully private financial institutions, our end point.
Just yesterday, Guido submitted this question to the FHFA web site:
Watch the prior 4 movies here.
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