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kthomp19

12/14/16 5:12 PM

#371352 RE: big-yank #371347

There seems to be a disagreement here. In this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127231101

obiterdictum said that Trump will not be able to fire Watt at will, and included links to the PHH case (where the appeals court found that the President must be able to fire the CFPB director at will to avoid unconstitutionality).

Why do you think Trump will be able to fire Watt? I believe this is a key part of the investment thesis: can Watt unilaterally hold things up, will he, and if he chooses to do so can Trump, Mnuchin, or anyone else do anything about it?

10bambam

12/14/16 5:16 PM

#371353 RE: big-yank #371347

Yank, about Watt being fired. Do you know if the process of removing Watt for cause ( including all the reasons previously posted by various members) will or I should say can be quick? Does potus require approval from congress?
What do you think the process would be?
Thanks
Go FnF

rekcusdo

12/14/16 9:55 PM

#371379 RE: big-yank #371347

"Mel Watt will either quit before inauguration day, or Trump will fire him shortly after taking office. It's all laid out for him on a silver platter. Trust me. I am very thoroughly researched on Fannie. "

For the millionth time, Trump cannot fire Watt. And claiming he would quit is just meritless.