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Re: kthomp19 post# 785740

Saturday, 02/10/2024 6:40:45 PM

Saturday, February 10, 2024 6:40:45 PM

Post# of 797164
Kt Quote “ Treasury writing off the seniors for nothing in return would result in a $220B loss to taxpayers. There is nothing in the law or in past Treasury actions that would give any real reason to believe they would do that.” End of Quote

The Law

Where is "maximize profits for taxpayers" written in the Charter Act? Specifically, in this provision entitled Fee Limitation of the United States:

Link to Charter Act: https://www.fanniemae.com/sites/g/files/koqyhd191/files/migrated-files/resources/file/aboutus/pdf/fm-amended-charter.pdf