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Trump says he “seriously thinks about it” to take Fannie Mae and Freddie Mac publicly | Donald Trump

Donald Trump said that in the near future he would make a decision to make Fannie Mae and Freddie Mac public, a step he said that he would give “very serious considerations”.

In a post about the social truth, the US President said he would speak to the finance minister Scott Bessent. Minister of Commerce Howard Lutnick; And Federal Housing Finance Director William Pulte to do this.

He added: “Fannie Mae and Freddie Mac do it very well and throw a lot of money and the time seems to be right. Stay tuned!”

These two companies are the backbone of the US apartment tree market. Together they support about 70% of the US mortgages.

Fannie and Freddie, who work as a non-profit company with private shareholders, were founded by the US Congress to expand the National Home Lending Market by bought house loans from private lenders and they were re-packed as mortgage-related securities.

When the real estate market collapsed in 2008, Fannie Mae and Freddie Mac suffered overwhelming losses. In order to avoid catastrophic effects on the US economy, they were brought into conservators as part of the newly created Federal Housing Finance Agency.

Gary Labarbera, President of the Building and Building Council of Greater New York and a member of the US coalition, asked Trump on Wednesday that the expected 250 billion USD in the proceeds from the sale of Fannie Mae and Freddie Mac had announced that he had announced that he was sponsored by the government for the Government made forward -looking bullets before the conservator.

“President Trump is right to free Fannie and Freddie. But even better, we use the ES-ETWA 250 billion USD to build American workers.

Earlier attempts to free government control over the organizations, including Trump's first term, were unsuccessful.

In February, Bessent said that the publication of Fannie and Freddie from their conservatory would depend on the effects of mortgage.

“The priority for a fannie and Freddie publication, the most important metric that I look at is a study or an indication that the mortgage interest would increase,” said Bessent in an interview with Bloomberg.

Reuters contributed to this report

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