Trump to consider Fannie and Freddie public offerings this year
The Federal Housing Finance Agency and the Treasury Department did not immediately respond to requests for comment.
Trump had meetings with several bank CEOs in recent weeks, including those from Citigroup and Bank of America on Wednesday, where the public offerings for Fannie Mae and Freddie Mac were reportedly discussed.
In May, Trump said he was considering how to sell stock in the two housing giants. 'I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as President,' Trump said on Truth Social.
The chair of the House Financial Services Housing and Insurance Subcommittee, Rep. Mike Flood (R-Neb.), previously told POLITICO he wanted to wait until the first quarter of 2026 to have the GSE conversation.
'Releasing them from conservatorship, that's one thing, but most of the folks I talked to still want the federal government on the hook,' Flood said.
The mortgage giants have been under the control of FHFA since 2008, in response to the financial crisis.
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The Hill
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CNBC
6 minutes ago
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