[TenthAmendmentChampion]

I did not know this. By GSEs, do you mean Fannie and Freddie?

[dajeeps]

“I did not know this. By GSEs, do you mean Fannie and Freddie?”

Yep. They used caplital reserve ratio “control” to pump both the government debt and housing bubbles. It was one of the easter eggs the Clinton admin left for Bush. The rule went into effect Jan 20, 2001.