In a recent post on Truth Social, Trump expressed his intention to privatize Fannie Mae and Freddie Mac, which have been under government control since the 2008 financial crisis. He noted their significant financial performance, with Fannie Mae's net worth at $98.3 billion and Freddie Mac's at $62.4 billion, suggesting that the timing might be right for such a move. Key meetings are planned with notable administration officials, indicating that a decision may be imminent regarding the future of these entities.
In a statement, Trump emphasized that Fannie Mae and Freddie Mac are currently performing well financially, indicating a potential shift towards public trading again.
He mentioned the significance of the upcoming meetings with key figures in the administration, expressing urgency in making a decision about the entities' future.
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