heck, Treasury is like a way station
for TBTF executives between TBTF bank jobs
so, it's risky depending on that
Plus, Mnuchin spends a heck of a lot of time out of the country, doing deals with foreign heads of state
So, I wouldn't be surprised for a swoon in FNMA/FMCC pps, but it won't last
These companies, as we know, get no respect