Calabria's slow walk revealed?
If the capital rule only appears by end of 2020, then it can be reversed by replacement FNFA director installed by Dem President
On the other hand, if the companies and FHFA enter into a consent decree, while FNFA and Treasury amend the SPSA, then that would lock in a course going forward
But one wonders on Calabria's commitment to the latter, since it has slow walked the capital rule -- but why do that if you are committed to the process?