Replies to post #836319 on Fannie Mae-No Politics (FNMA)

[Magooch]

Trump said implicit guarantee, not explicit. Which is the same guarantee that the TBTF banks have.

[Guido2]

THERE’S NO NEED FOR CONVERSION TO RETAIN CONTROL!

Outside conservatorship, FHFA is still the Regulator of Fannie and Freddie. FHFA Director serves at the President’s pleasure. President Trump therefore retains control over them after conservatorship ends.