Executive Branch

Trump Directs Purchase of $200 Billion in Mortgage Bonds

Federal Housing ​Finance Agency Director Bill Pulte said on X that Fannie Mae and Freddie Mac will execute the purchase.
Trump Directs Purchase of $200 Billion in Mortgage Bonds
Homes are seen under construction at a new housing development in Richmond, Calif., on July 01, 2025. Justin Sullivan/Getty Images
Kimberly Hayek
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President Donald ‍Trump on Thursday ‍said the United States will purchase $200 billion ‌in mortgage bonds, with the goal of bringing down housing costs.

“Because I chose not to sell Fannie Mae and ⁠Freddie ‍Mac in my First Term ... it is now worth many times that amount — ‌AN ABSOLUTE FORTUNE — and has $200 ⁠BILLION DOLLARS IN CASH,” Trump wrote in a post on ‌Truth Social.

Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.