Trump Administration Plans To Privatize Fannie Mae, Freddie Mac

The Trump administration aims to privatize Fannie Mae and Freddie Mac, which have been under government control since the 2008 financial crisis. These companies play a crucial role in the housing market by buying mortgages and selling them as securities. While there is bipartisan support for ending government conservatorship, the process is complex and will require extensive negotiations between the administration, the Federal Housing Finance Agency, and Congress.

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