Detailed text transcripts for TV channel - MSNBC - 20120105:21:20:00
Jimmy, you'll love this. we all know richard cordray was a recess appointment for the consumer financial protection bur re. this precipitated some speculation that president obama might make another recess appointment for the fhfa, which is probably a little-known organization, but it is responsible for fannie and freddie, which is responsible for a huge percentage of the housing finance. cut to the chase, there's a rumor today that obama could pursue a recess appointment with fhfa, jimmy, and then seek to pursue this, spring a $1 trillion scaled debt refinancing in the housing market, had the...