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Filtering by entity: Department of Justice (DOJ) | Clear Filter
Summary:Fannie Mae and Freddie Mac are closing their New York offices, attributed to Attorney General Letitia James' alleged corrupt and dangerous business practices, following a Department of Justice investigation into her mortgage records. Despite the closures, the entities will continue to employ New York residents and provide mortgage loans in the state.
Sentiment:Critical
Key Claims:
- Fannie Mae and Freddie Mac's New York offices will permanently close.
- The closures are a direct response to Attorney General Letitia James' "corrupt and dangerous business practices."
- The Department of Justice opened an investigation into AG James' mortgage records earlier this year.
- Fannie Mae and Freddie Mac will continue to employ New York residents and facilitate mortgage loans in New York, despite eliminating their physical presence.
- Attorney General Letitia James is a longtime political foe of President Donald Trump.
Potential Market Impact (S&P 500):5/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:5/10
Summary:The post asserts that Attorney General Letitia James' corrupt and dangerous business practices are causing Fannie Mae and Freddie Mac's New York offices to shut down, leading to hundreds of billions of dollars in lost business for New York State. The post claims that companies and individuals are unwilling to operate in New York, major financial exchanges like the NYSE and NASDAQ will lose public offerings to a new Texas Exchange, and attributes these issues to James' 'witch hunt' against Donald J. Trump and others.
Sentiment:Vindicative
Key Claims:
- Attorney General Letitia James is corrupt.
- Letitia James' practices are 'corrupt and dangerous business practices'.
- Fannie Mae and Freddie Mac are shutting down their New York offices in response to AG James' practices.
- Letitia James' actions are costing New York State hundreds of billions of dollars in lost business.
- No company or individual wants to do business in New York because of AG James.
- Letitia James is a 'Complete and Total Disaster'.
- Letitia James failed in a gubernatorial campaign against Kathy Hochul.
- Letitia James engaged in a 'WITCH HUNT' against President Donald J. Trump and others.
- No companies will move to New York until Letitia James is removed from office.
- Few companies will use the New York Stock Exchange or NASDAQ for going public.
- A new Texas Exchange will take hundreds of billions of dollars of business from New York's exchanges.
- Letitia James is a longtime political foe of President Donald Trump.
Potential Market Impact (S&P 500):5/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:6/10
Summary:The post claims the Democrat Party was complicit with Jeffrey Epstein during his lifetime, ignored his victims, and is now only feigning concern for them as a political maneuver due to low poll numbers. It asserts that the renewed focus on the Epstein case is a "Democrat HOAX" designed to distract from the success of the Republican Party and the failures of the previous administration, despite the Department of Justice's full compliance with a congressional subpoena. The post concludes by advocating for an end to this "hoax" and for Republicans to receive credit for their work.
Sentiment:Vindicative
Key Claims:
- The Democrat Party did nothing about Jeffrey Epstein while he was alive, instead befriending him, socializing with him, traveling to his island, and taking his money.
- Democrats knew everything about Epstein but were not found during his public trials or in the years before his death.
- Democrats are now, years after Epstein's death, showing a sudden and insincere concern for his victims.
- The Epstein case was brought back to life by 'Radical Left Democrats' due to their low poll numbers (16%) and the high approval numbers of Republicans.
- Democrats do not care about the victims, as evidenced by their historical inaction.
- The renewed focus on the Epstein case is a 'Democrat HOAX' akin to 'Russia, Russia, Russia,' intended to deflect and distract from Republican success and past Democrat failures.
- The Department of Justice has fully complied with Congress's comprehensive subpoena by providing thousands of pages of documents.
- The 'Democrat Epstein Hoax' should end.
- Republicans deserve credit for doing a 'great, even legendary, job.'
Potential Market Impact (S&P 500):1/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:1/10
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