guardian.co.uk (nprofile…z4y7)
✍️ US President Donald Trump has announced that he will make a decision soon on taking Fannie Mae and Freddie Mac public, which he is giving 'very serious consideration'.
👉 Fannie Mae and Freddie Mac are considering going public
👉 Trump will consult with treasury secretary, commerce secretary, and federal housing finance director before making a decision
👉 The companies support around 70% of US mortgages
👉 Fannie and Freddie were placed in conservatorship in 2008 after suffering losses during the housing market collapse
#DonaldTrump #ScottBessent #HowardLutnick #WilliamPulte #politics
quotingguardian.co.uk (nprofile…z4y7)
nevent1q…e9nt
President says he will speak with advisers about taking public firms that support about 70% of US mortgagesUS politics live – latest updatesDonald Trump said he will make a decision in the near future about taking Fannie Mae and Freddie Mac public, a move which he said he is giving “very serious consideration”.In a post on Truth Social, the US president said he will speak with treasury secretary, Scott Bessent; commerce secretary, Howard Lutnick; and federal housing finance director, William Pulte, about doing so. Continue reading...
https://www.theguardian.com/us-news/2025/may/21/trump-fannie-mae-freddie-mac