Trump Weighs Privatizing Fannie Mae, Freddie Mac

President Donald Trump has announced he is giving serious consideration to ending the federal conservatorship of Fannie Mae and Freddie Mac, potentially taking the mortgage giants public after more than a decade under government control since the 2008 financial crisis. Trump highlighted the firms' strong financial performance and indicated a decision on privatization may be announced soon. He plans to consult with Treasury Secretary Scott Bessent and FHFA Director William Pulte before moving forward. Analysts warn that privatization could lead to higher mortgage rates for homeowners by removing federal guarantees, raising concerns about market stability and affordable mortgage access. Previous privatization efforts have failed, but the current speculation has increased the companies' share prices. Any transition is expected to prioritize safeguarding market stability and maintaining access to affordable housing finance.