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Tuesday, January 23, 2024 1:47:23 PM
"Shares of Fannie Mae and Freddie Mac — the mortgage-finance giants that have been in the federal government’s hands since the Great Financial Crisis — climbed to hit two-and-a-half year highs."
"Fannie and Freddie Join Rally
The gains have also extended beyond the usual suspects to companies like Fannie Mae and Freddie Mac, whose stocks are traded over-the-counter, amid speculation that a second Trump administration would move to privatize the companies. During his presidential term, Trump backed an attempt to return the mortgage companies to private control which could’ve brought big returns to investors, though it was never enacted."
November 11, 2021 to Paul Rand: "The idea that the government can steal money from its citizens is socialism..."
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