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Thursday, June 27, 2013 4:34:23 PM
Mr. Watt: This is an independent agency. I expect it to be treated as an independent agency. I expect the director to act as an independent agent. But the statute does say the president has the prerogative to nominate, and he has done that.
WSJ: What are the most important components for any overhaul of the housing-finance market?
Mr. Watt: I can’t comment on that….
WSJ: Should Fannie and Freddie be wound down?
Mr. Watt: There is general—almost unanimous—consensus that we should move as much of this back into the private sector as quickly as can be done. There’s virtual unanimity.
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