Replies to post #376273 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

4. If Steve Mnuchin is confirmed then we look for the beginning plans and efforts how this statement by Mnuchin will be carried out:

“It makes no sense that these are owned by the government and have been controlled by the government for as long as they have. In many cases this displaces private lending in the mortgage markets and we need these entities that will be safe. So let me just be clear— we’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again. But we gotta get them out of government control.” - http://www.foxbusiness.com/politics/2016/11/30/steve-mnuchin-time-to-jettison-fannie-mae-freddie-mac.html Mnuchin also said the incoming administration “will get it done reasonably fast.”

The new Treasury Secretary can quickly and greatly influence and work to change the provisions of SPSPAs, the net worth sweep, capital reserve reduction, senior preferred stock, warrants and more.

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Here is a look at the President's First Week:

THIS WEEK

•Easing Regulatory Burdens

Shortly after being sworn in, President Trump ordered federal agencies to ease the "regulatory burdens" of ObamaCare. Agencies are ordered to "waive, defer, grant exemptions from, or delay the implementation of any provision or requirement" of Obamacare in hopes that this order will lower the burden on individuals, families and patients as the President and the Congress work on a permanent solution to Obamacare.

•Withdrawing from TPP

The President wasted no time in ending the United States support of the disastrous TPP trade deal by withdrawing our country from it on Monday. President Trump called the move, "a great thing for the American workers."

•Spurring American Jobs

On Tuesday, President Trump re-opened the door for the Keystone and Dakota Access pipeline to be built with an executive order. Also included were related orders that would speed up the timeline on the project by streamlining the permitting process and cut through more government red tape.

•Securing Our Borders

President Trump is moving forward with several items that will secure our borders and keep Americans safe! He plans on stripping federal grant money to dangerous sanctuary cities, hiring 5,000 more Border Patrol agents, ending "catch-and-release" policies for illegal immigrants, and reinstating local and state immigration enforcement partnerships.

THE WEEK AHEAD

•Remembering our Allies

Today, British Prime Minister Theresa May will meet with President Trump. Prime Minister May appears optimistic about the visit saying, "So as we rediscover our confidence together -- as you renew your nation just as we renew ours -- we have the opportunity -- indeed the responsibility -- to renew the special relationship for this new age. We have the opportunity to lead, together, again."

•Protecting the Constitution

Next Thursday President Trump is slated to announce his choice to fill the vacancy left on the Supreme Court after the loss of Justice Antonin Scalia last February. This is a highly anticipated announcement, as this new justice will shape the future of our nation by weighing into decisions that have reached the highest court.

5. Other theater productions to watch are:

a. The Senate and House ramping up of the 115th Congress - vetting and confirmation hearings of Trump cabinet and other selections, Obamacare, Congressional control of federal regulations, corporate, tax rates, proposed infrastructure legislation, Dodd-Frank financial regulations reform, immigration reform and border wall issues, pipeline legislation, alleged Russian hacking of the US election, etc.