Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Interesting

From the link

The platform that party officials approved at this week's Republican National Convention in Cleveland states that, "The utility of both agencies should be reconsidered." That contrasts with the 2012 version of the platform, which stated, "Both Fannie Mae and Freddie Mac should be wound down in size and scope."

It's unclear what the significance of the change is or why it was made.

Top Republican leaders, including House Financial Services Committee Chairman Jeb Hensarling, have repeatedly called for the end of the government-sponsored enterprises. There is no sign that they have eased up on that view. Additionally, Indiana Gov. Mike Pence, the Republican vice presidential nominee, is a close ally to Hensarling and has previously endorsed privatizing Fannie and Freddie.

Still, because Republican presidential nominee Donald Trump has not weighed in on the issue, the change in the platform has opened the door to speculation.