Mar 3rd, 2021 9 min read COMMENTARY BY Director, Center for Data Analysis Norbert Michel studies and writes about financial markets and monetary policy, including the reform of Fannie Mae and Freddie Mac. In November, the Washington Post reported that President Biden’s transition team included “a number of fierce advocates for Wall Street regulation.” ANGELA WEISS / Contributor / Getty Images Key Takeaways The group’s website makes it very clear that Thompson was opposed to pretty much everything that the Bureau did during the Trump administration. Diane Thompson, prior to rejoining the CFPB, was publicly advocating against the seasoned QM rule! Ms. Thompson's writings and actions clearly indicate that her mind is unalterably closed on the subject of the seasoning QM rule.