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Re: LuLeVan post# 781843

Saturday, 01/13/2024 10:19:15 AM

Saturday, January 13, 2024 10:19:15 AM

Post# of 793207
HERA has no Caps on the amount of FHFA employees nor their annual budget, so long as it's 'reasonable', they tell their regulated entities how much to fund them every year and it decreases the amount of Capital available to stand behind the $7.6T in MBS and American Family Home Mortgages outstanding.

I'm pretty sure that the FHFA Director decides what is 'reasonable'.

The CFPB has a similar arrangement under Dodd Frank, but it's capped at 12% of the Federal Reserve budget.

"The $124 million spent to date for the 303,000 square foot office building is $409 per square foot, more than Trump World Tower, which cost $334 per square foot or Las Vegas’ Bellagio Hotel and Casino, priced at $330 per square foot."

https://dailycaller.com/2018/02/07/cfpb-headquarters-tour/