Fannie Mae-No Politics (FNMA)

[LuLeVan]

If Trump were re-elected in 2024, he would probably have a greater chance of success in releasing FnF than Biden has now. Because he's considered a "man of money" and (wrongly) a self-made billionaire (his fortune was largely inherited). The Trump bonus could ensure that the secondary offering works out, i.e. that there is no broken IPO. Further, it suits Trump's narcissism if he can boast about reprivatizing two companies whose total assets are more than twice the GDP of the UK.

Moreover, it would be Trump's second term. He would not be able to run for re-election anyway. And if he blows it, Republicans could say: "It was all Trump's fault." At least Trump would dare to do something entrepreneurial that would not occur to armchair farts like Biden.

If the party in power ends up doing irreparable damage to the financing mechanism of American Families biggest asset on their Family Balance Sheet, what do you think will happen at the polls?