This was one of the most infuriating emails I saw in discovery. Parrott should be ashamed of himself. President Trump won the 2016 election to shatter Obama’s dishonest bureaucracy and unleash the power of the U.S. market economy.
If Fannie and Freddie stay in conservatorship because Parrott and DeMarco designed a theft—disguised as saving the GSEs from a death spiral through asset confiscation in 2012 with the Net Worth Sweep—then what was the point of voting for Trump?
Why would anyone study finance and accounting when a lobbyist hack can just waive it all away with a dumb sentence like "... ensuring that they can't recapitalize" when the whole point of a conservatorship is to RECAPITALIZE?
@pulte
$FNMA $FMCC ... the government acquired a 433.3M share stake in floundering Intel back in August at $20.47 per share; today Intel is selling for over $93 per share - a gain of over $30 B! - all while continuing to trade publicly and massively profit shareholders for a company that lost over $3 B in Q1 '26 alone!
Meanwhile, Fannie Mae has been in conservatorship for over 17 years; shareholders are completely shut out; the shares trade on the corrupt OTC; Fannie netted the government more profit from the 2008 financial crisis than ANY other company (F2 netted the government in excess of $100 B - for a crisis they did not create nor contribute to in any significant manner); all while generating a net profit over $14 B last year and $3.7 B in Q1 '26 (just reported).
It's time to release F2 without stealing another damn dime! Get your MBS backstop (guarantee) from what's already been swiped and a fee on the industry players that are begging for it for free while holding F2 hostage for it. This is beyond ridiculous!
@BillAckman@JustTheNews@putle@SecScottBessent@POTUS@nicosintichakis@TheBurgosGrp@ArgueAlone
@realDonaldTrump Don’t miss a once-in-a-generation opportunity to build housing for America’s Middle Class by releasing Fannie Mae and Freddie Mac! @HousingForUS_#HousingForUs
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