TightCoil
19 hours ago
Fannie to The Moon
Trump Admin Fires Thousands of CFPB Employees
by Shannon Clark
The Trump administration sent out thousands of reduction-in-force notices on Thursday, firing the vast majority of Consumer Financial Protection Bureau employees, according to a new court filing.
The filing was made by the National Treasury Employees Union in its lawsuit against CFPB Acting Director Russell Vought. According to the NTEU, 1,400 to 1,500 employees were terminated, which will eliminate or reduce some CFPB offices to a single person. The affected employees will be cut off from computer access by 6 p.m. on April 18.
The RIFs come after an appeals court authorized a preliminary injunction last week, allowing the Trump administration to conduct RIFs only for employees whom the agency has determined after "a particularized assessment" to be unnecessary to the performance of the bureau's statutory duties. NTEU argued in the new filing that the RIFs appear to go "well beyond" what the injunction permits.
Sen. Elizabeth Warren, D-MA, confirmed the firings in a post on X on Thursday. Warren said the firings are "another assault on consumers and our democracy by Trump's lawless administration. We will fight back with everything we've got."
The CFPB did not respond to a request for comment.
Rodney5
20 hours ago
Good morning Clark,
I take it you are or were in the United States Navy; Whether or not shouldn’t we support and defend the Constitution of the United States against all enemies, foreign and domestic;?? This is theft, you know it, I know it and anyone who has studied the facts knows it. Come on man don’t give support to the enemy.
Barron Quote: “ Nothing in HERA removes or supercedes the directors duties under the safety and soundness act. Federal law requires FNMA (whether by BOD or FHFA-C) to issue shares of common stock for "appropriate capital". Full stop.” End of Quote
Warrants Treasury Common Shares
4,603,542,119 Fannie Mae (cost $46,035)
2,584,067,576 Freddie Mac (cost $25,840)
0.00001 purchase price
7,187,609,695 total shares x 0.00001 = $71,876
Appropriate?
Rodney5
22 hours ago
Issue shares of common stock for appropriate capital it’s the law. If the Treasury chooses to own 79.9% of the common stock pay the shareholders fair market value by purchasing the new issues from the companies. To determine fair market value I purpose re-list the companies on to the NYSE, common stock to trade for 90 days, market to determine the value of the companies.
Barron Quote: “ Nothing in HERA removes or supercedes the directors duties under the safety and soundness act. Federal law requires FNMA (whether by BOD or FHFA-C) to issue shares of common stock for "appropriate capital". Full stop.” End of Quote
Illegal Warrants Treasury Common Shares
4,603,542,119 Fannie Mae (cost $46,035)
2,584,067,576 Freddie Mac (cost $25,840)
0.00001 purchase price
7,187,609,695 total shares x 0.00001 = $71,876
$71,876 Theft wipes out $517.31 per share of common equity Fannie and Freddie.
Explained: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176060797
TightCoil
1 day ago
Apr 17 -
Go Fannie Mae - Go Freddie Mac
Recap of our PPS since Mar 7 which was Day 39 of over $5 when we were at $5.84. Then the next trading Day (Mar 10)) we went BELOW $5 to $4.91, but rebounded swimmingly the next Day (Mar 11) to $5.19 and hit $6.11 on Mar 14...
Apr 17 - $6.26 – 2,974,068 up 15c - low/high spread 23c - TODAY
Apr 16 - $6.10 – 5,211,864 - down 41c - 27 Consecutive Days above $5 since Mar 11 !
Apr 15 - $6.51 – 6,334,012 up 26c - low/high spread 6.24/6.51 = 27c - meaning? Moon Soon!
Apr 14 - $6.05 - 12,330,692 up 22c
Apr 11 - $5.80 – 4,577,778 up 8c
Apr 10 - $5.72 – 7,625,278 down 30c
Apr 9 - $6.04 – 17,754,792 up 84c
Apr 8 - $5.20 – 12,114,769 down 47c
Apr 7 - $5.67 - 17,127,154 - (20 days above $5)
Apr 4 - $5.65 – 16,044,402 down 47c
Apr 3 - $6.13 – 11,688,776 down 44c
Apr 2 - $6.57 - 3,013,251 down 3c
Apr 1 - $6.60 - 6,043,923 up 28c
Mar 31 - $6.32 - 8,618,220 down 38 cents
Mar 28 - $6.70 – 5,985,439 down 31 cents
Mar 27 - $7.01 - 5,469,580 - up 9 cents
Mar 26 - $6.92 - 9,576,797 - down 39 cents
Mar 25 - $7.31 - 13,849,144 - up 21 cents
Mar 24 - $7.0879 - 16,707,951 - up 71 cents
Mar 21 - $6.38 - 8,510,618
Mar 20 - $6.25 - 8,037,839
Mar 19 - $6.03 - 8,071,667
Mar 18 - $5.65 - 10,339,547
Mar 17 - $5.82 - 9,309,100
Mar 14 - $6.11 - 16,518,200
Mar 13 - $5.50 - 5,951,400
Mar 12 - $5.65 - 9,589,600
Mar 11 - $5.19 - 10,480,900
Mar 10 - $4.91 - 16,783,700
Mar 7 -- $5.84 - 23,007,600