President Donald Trump said Wednesday he is giving "very serious consideration" to taking Fannie Mae and Freddie Mac public, according to Bloomberg. The two mortgage giants have been under government conservatorship since the 2008 financial crisis, more than 15 years ago. In a post on Truth Social, Trump said Fannie Mae and Freddie Mac are performing well and suggested the timing may be right to take them public. He plans to consult with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and FHFA Director Bill Pulte before deciding. Trump’s move could address deficit concerns raised by House conservatives holding up his tax bill. Critics warn that reducing government guarantees for Fannie and Freddie could raise mortgage rates by making investors more cautious and demanding higher yields.
