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Trump considering ‘bringing Fannie Mae and Freddie Mac public’

  • On May 22, 2025, President Donald Trump revealed he is seriously considering returning Fannie Mae and Freddie Mac to the private sector after consulting with key government officials.
  • The announcement follows previous attempts, including in 2019, to privatize these government-sponsored entities placed under conservatorship since 2008.
  • Fannie Mae and Freddie Mac currently back roughly half of the U.S. Mortgage sector and have produced significant profits since emerging from government conservatorship.
  • However, economists like Mark Zandi estimate privatization could raise annual mortgage costs by $1,800 to $2,800, and officials warn it may push borrowing rates higher.
  • Before reaching a final decision, Trump intends to discuss the matter with Scott Bessent from the Treasury Department, Howard Lutnick from Commerce, and William Pulte, who leads the Federal Housing Finance Agency, highlighting concerns about potential effects on the market.
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Just the News broke the news in Washington, United States on Wednesday, May 21, 2025.
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