Dec
04
Trump Treasury May Mean Independence for Fannie and Freddie
By
The headquarters of Fannie Mae in Washington. Fannie Mae and Freddie Mac have been under federal government control for more than eight years. CreditManuel Balce Ceneta/Associated Press
Steven Mnuchin, President-elect Donald J. Trump’s nominee to run the Treasury Department, electrified Fannie Mae and Freddie Mac shareholders on Wednesday when he signaled that the mortgage finance giants would finally be allowed to get out from under Washington’s thumb.
“We got to get Fannie and Freddie out of government ownership,” he told Fox Business. “It makes no sense that these are owned by the government and have been controlled by the government for as long as they have.”…
Trump Treasury May Mean Independence for Fannie and Freddie
