Steven Mnuchin

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Did Mnuchin and Calabria cite Fannie Mae, Freddie Mac “receivership” as a threat?

Oct 25, 2019By

During a three-hour hearing on Tuesday at the House Financial Services Committee, Treasury Secretary Steven Mnuchin and FHFA Director Mark Calabria both used the word “receivership” when replying to questions about Fannie Mae and Freddie Mac. So what did it mean?