President Donald Trump said on May 21 that he is “giving very serious consideration” to taking Fannie Mae and Freddie Mac public.
The two mortgage giants offer liquidity, stability, and affordability to America’s home mortgage market and have been under government control for years.
In a Wednesday evening social media post, Trump said he would consult with Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and Federal Housing Finance Agency Director William Pulte before making a final decision “in the near future.” Pulte has been serving as chairman of Fannie Mae and Freddie Mac since March 14.
“Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!” President Trump said in a post on Truth Social….
Trump Says He’s Considering Taking Mortgage Giants Fannie Mae and Freddie Mac Public
