Trump’s Plan on Fannie and Freddie? Clues May Emerge Soon


The Trump administration will have to decide what happens to the $10 billion in earnings that Fannie Mae and Freddie Mac together generated in the most recent quarter, as well as the release of documents withheld from shareholders in a recent lawsuit. CreditJ. David Ake/Associated Press

Fixing Fannie Mae and Freddie Mac, the mortgage finance giants that still operate under government supervision, is nowhere near the top of the Trump administration’s to-do list. Since the election, administration officials, including Steven T. Mnuchin, the United States Treasury secretary, have said little about their plans for the companies.

But we will know a lot more in the coming weeks as circumstances compel Trump officials to show their hand. In essence, their action or inaction on two important matters will demonstrate whether they intend to follow the Obama administration’s approach to the companies — which was to keep them in federal conservatorship and drain them of capital — or take a different path, perhaps toward privatization…

Trump’s Plan on Fannie and Freddie? Clues May Emerge Soon

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