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Replies to post #113468 on Lehman Brothers Financial SA (LEHNQ)
05/22/25 5:20 PM
Wed 21 May 2025 20.25 EDT
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Donald Trump said he will make a decision in the near future about taking Fannie Mae and Freddie Mac public, a move which he said he is giving “very serious consideration”.
In a post on Truth Social, the US president said he will speak with the treasury secretary, Scott Bessent; the commerce secretary, Howard Lutnick; and the federal housing finance director, William Pulte, about doing so.
He added: “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!”
These two companies are the backbone of the US housing market. Together they support about 70% of US mortgages.
AI
