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big-yank

09/30/16 2:09 PM

#354599 RE: rekcusdo #354596

So, in your analysis, FHFA is bound under HERA to act without any consultation from any other governmental agency, any input from the President, Treasury Secretary, Federal Reserve Chairman, blah, blah, blah and must make all its decisions in a vacuum and, thus, take total responsibility for the largest part of the American economy as some super agency? No utilization of Commerce Department resources, the Congressional Budget Office, the Fed macro data that government uses with which to make economic projections, no guidance on interest rate projections that would be crucial to huge GSE issues like derivative hedging arrangements? Do you actually believe that?

I am rarely speechless, but maybe the better word would be "stupefied" by your comment.

JMHO.