Trump Says He’s Considering Taking Mortgage Giants Fannie Mae and Freddie Mac Public

The president said he would consult with members of his Cabinet before reaching a final decision.

The headquarters of Freddie Mac in McLean, Virginia, on Oct. 21, 2010. Win McNamee/Getty Images

President Donald Trump said on May 21 that he is “giving very serious consideration” to taking Fannie Mae and Freddie Mac public.

The two mortgage giants offer liquidity, stability, and affordability to America’s home mortgage market and have been under government control for years.