So there you have it folks. Mnuchin clearly stated today that in 2019 he hopes for legislative action. If it does not happen then administrative action will happen. In other words something will happen in 2019. That is now a given. And when it happens either legislative or administrative in 2019 the price will react. I am buying more shares tomorrow with my burger flipping money. Over the weekend I will be starting a new weekend job fry cook at the local racetrack. I can then slap the ASK again on Monday. Order up Ding-e.
Treasury Secretary Steven Mnuchin told Congress Thursday that he now aims to reform the bailed-out government-sponsored enterprises next Congress, and delivered a message to the companies’ government caretaker to stop allowing them to expand their missions
Is not SM overstepping his authority by interfering with FHFA authority. FHFA has done a favor by agreeing to nws. Clearly there is some sort of conflict. How can any one expand fnf mission without gse act allowing it?
Some one with insider knowledge need to help us understand the under currents.