Trump says he’s seriously considering taking Fannie Mae and Freddie Mac public
'Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH,' US president says, as decision looms for mortgage giants
ISTANBUL
US President Donald Trump said Wednesday that he is seriously considering taking mortgage finance companies Fannie Mae and Freddie Mac public, signaling that the time may be right due to their strong financial performances.
In a post on his Truth Social platform, Trump announced that he would consult with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Federal Housing Finance Agency Director William Pulte before making a final decision.
“Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH,” Trump wrote. “The time would seem to be right.”
The two mortgage giants were placed under federal conservatorship by the Federal Housing Finance Agency (FHFA) during the 2008 financial crisis and remain under government control. While past administrations debated ending the conservatorship, efforts never materialized.
Trump’s statement signals a potential revival of plans to privatize the firms, which play a vital role in the US housing market by purchasing and guaranteeing mortgages.
