Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in.
In a message posted on Truth Social Wednesday night, Trump said “I am giving serious consideration to bringing Fannie Mae and Freddie Mac public.”
He added that he would be meeting with Pulte, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick and “making a decision in the near future. 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!”
Fannie Mae and Freddie Mac are publicly traded entities, but have been under government control since the 2008 financial crisis and the bulk of its stock is owned by the federal government. In effect, removing them from conservatorship would be privatizing the entities, and there are plans on the books to do so, though they are controversial.
Fannie Mae’s net worth reached $98.3 billion as of the first quarter of 2025. Freddie Mac’s net worth stood at $62.4 billion.
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