the attack on Jerome Powell is. It tells you that these layoffs will continue until the end goal/state is reached. There is zero objectivity and empathy in this whole thing. The man simply doesn't give a sh-t about anything but himself.
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@d7 maybe because it will boost balance sheets, make housing market better/booming. All catalysts for conservatorship exit.
@bx why privatization depends on interest rate?
The whole game is to decrease interest rates so Fannie and Freddie can get out of conservatorship.
Or maybe his focus on Powell means less focus on FNMA.