President Trump is working on a plan to take government-backed mortgage giants Fannie Mae and Freddie Mac public, maintaining that federal guarantees will remain intact. Despite their longstanding conservatorship, Trump aims to release profits back to shareholders while retaining government oversight. FHFA Director Bill Pulte commented that Trump did not indicate a desire to fully privatize these entities, suggesting the possibility of them going public without ending conservatorship. The intent appears to be balancing private investment with continued government control, similar to examples like Amtrak.
I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the U.S. Government will keep its implicit GUARANTEES, and I will stay strong in my position on overseeing them as president.
He very explicitly says that he wants to take them public. He did not say that he wants to privatize them. The president has not said anything that he wants to end conservatorship.
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