Hi Skeptic - If the goal is to enter into a Consent Decree to raise capital and/or set up a jointly owned affordable housing entity as proposed in Calhoun's Brookings White Paper - dont you think there needs to be a confirmed FHFA Director? Perhaps others on this Board may have an opinion on how Washington works and what the Senate Banking Committee will want as part of their Supervision for the GSEs but the appointment of a permanent FHFA Directors seems critical. I agree with Glenn - perhaps others have opinions.