Watt in his testimony even uses logic when he states that he can unsuspend payments to affordable housing. What can't he undo the third amendment? It's just more schizophrenic approaches to doing what they want when it benefits them and passing the buck when it doesn't.
The whole thing is illegal anyway. There is a part that says the purchaser (Treasury) may rescind under certain circumstances. I haven't found the same wording in the text for the seller. So, as I understand Treasury can do it. We need to stay focused on Lew and the Treasury and make sure they answer the questions. Is he saying he is required to have congressional approval to end the sweep? Where does it say that Lew? Or is he saying he "needs" it for political or cya reasons. He is very good at evading any question he doesn't want to answer. We need to be specific. Toomey had some great specific questions. IMO
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