How the 2020 Presidential Election Will Impact Fannie May, Freddie Mac

The video discusses the conservatorship of Fannie Mae and Freddie Mac since 2008, exploring their potential exit under the Trump administration. It highlights the binary nature of investing in these entities based on political outcomes. The video also covers Elizabeth Warren's involvement in financial regulation, particularly her concerns about gender discrimination in the Apple Card's credit limit algorithm by Goldman Sachs. The broader implications of algorithmic decision-making in financial services are also examined.

What is the main reason Fannie Mae and Freddie Mac are considered a 'political hot potato'?

• Their role in the 2008 financial crisis

• Their ongoing conservatorship and political implications

• Their involvement in international trade

• Their impact on the housing market

According to the discussion, what might happen to Fannie Mae and Freddie Mac if a Democratic administration takes over?

• They will merge with other financial institutions

• They will be privatized immediately

• They will remain as government utilities

• They will be dissolved

What issue did Elizabeth Warren raise regarding the Apple Card and Goldman Sachs?

• Fraudulent transactions

• Data privacy concerns

• Gender discrimination in credit limits

• High interest rates

What is the main concern with using algorithms in financial decision-making?

• They are not secure

• They can lead to biased outcomes

• They are too expensive to implement

• They are difficult to understand

What is the potential benefit of financial companies adopting tech-like approaches?

• Reduced market competition

• Higher customer fees

• Improved decision-making efficiency

• Increased regulatory oversight