Fannie Mae-No Politics (FNMA)

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Important for DD. Please read.

For all of those people posting on the Watt hearing "this morning", I believe you were watching the Senate Banking Committee hearing from Jun 27th. Today's hearing was a closed executive session, followed by Oversight for the Defense Production Act.

Therefore, anything you saw "this morning" was really just a rebroadcast of what was already said on Jun 27th. Think about it: Watt's confirmation was being voted on today (now pushed back until Thursday) and that vote was based on how he performed at the hearing last month.

Look here for a list of the Senate Banking Committee meetings:

http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=213643c9-d99f-4791-a90e-3598bad2e17e

Mel Watt DOES NOT appear on today's video, but instead on the video from 6/27. The link on the homepage http://www.banking.senate.gov/public/ is a bit misleading but links back to the 6/27 meeting.

Please tell me if I'm incorrect...