Replies to post #635190 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I disagree entirely but politely with respect

[GAK-]

As an independent regulator, Calabria can only be removed "for cause," meaning that neither Biden, Trump, Pence, or whoever can do anything to stop his release on consent decrees. Obviously, if SCOTUS rules in March-June of next year against FHFA structure that could change.

Given the fact that Calabria was once Pence's chief economist, there is NO WAY Pence would remove Calabria or go against his plan.

[skeptic7]

Correct. A Biden win means the end of the GSE's chances of ever getting out from under (which are slim even now) for a number of reasons.