As much as I hate to say it, this is actually a pretty good point. If Watt was the problem (and he was a problem for sure) then why didn't he release with Calabria? I know DJT has a further explantion for this, which I'd love to hear. That said, without it, this remains a VERY solid question. Disclaimer time* I said from the day MC was appointed this was a bad move for GSE's.
Didn’t do anything? Calabria stopped the NWS and cleaned the books off of bad loans and even made them profitable during covid… They now are sitting on 60-70 billion in cash..
Trump did more in 20 months than then the prior 8 years combined..