He, himself closed off the off-budget slush fund from Biden.
The incentive to maintain the status quo was GONE with the last amendment that Calabria put out and effectively stopped the NWS.
"I think the Biden administration, and to a degree the Obama administration, looked at this partly as: We have them now and we’re going to use them for whatever purposes we want. And they’ve become kind of off-budget slush funds, if you will, and they’ve pursued agendas without a real basis in the law. And unfortunately, nobody’s really got an avenue to sue to stop the administration. So it’s one of these things like, “Well, who’s got standing? We’re going to do it anyhow.”
? he wrote that the conservatorship was in many ways illegal he got the top job at FHFA he did nothing now - from a safe seat - he says again - free them