Citigroup CEO Fraser Meets Trump to Discuss Fannie Mae, Freddie Mac Offerings

Citigroup CEO Jane Fraser met with President Donald Trump to discuss Citigroup’s potential role in managing or advising on public stock offerings for Fannie Mae and Freddie Mac, two mortgage-finance companies currently under government conservatorship. The Trump administration is revisiting plans to release these entities from conservatorship through equity raises, marking a significant shift in U.S. housing finance policy amid broader financial deregulation efforts. Other major banks, including Goldman Sachs, JPMorgan Chase, Bank of America, and Wells Fargo, have also engaged with the administration regarding these offerings. The administration plans to keep oversight and guarantees in the mortgage market despite the privatization steps. Market analysts see an upside potential for Citigroup’s stock in light of these developments, with a consensus rating leaning toward outperform. However, some valuation models suggest a possible downside, reflecting diverse investor sentiment about Citigroup’s future performance amid these strategic discussions.