Fannie Mae-No Politics (FNMA)

[bmp152]

Nice link, thanks Maximkraft.

If you read the bill, it's pretty much meaningless. It simply states that the government can't keep using GSE-funds to support other federal programs (although it looks like supporting general congressional budget is OK--bullsh*t) and that the Senior Stock Preferred Agreement can't be used to liquidate shares etc. without Congressional and Presidential approval with some tenable plan to change GSE regulation. It doesn't really specify what needs changed, nor does it mention a wind-down.

Perhaps I'm wrong...?