Trump teases taking mortgage giants Fannie Mae, Freddie Mac, public

President Donald Trump on Wednesday night said he was considering taking the federally created mortgage finance companies Fannie Mae and Freddie Mac public, stating he would make an official decision in the "near future."

The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) were each created by Congress, and serve as the backbone of the U.S. Housing market by offering liquid support to banks and savings and loans companies for mortgages. 

Trump praised the success of both companies, which operate as for-profit corporations with private shareholders, and said he would float the idea of taking them public with key advisors.

"I am giving very serious consideration to bringing Fannie Mae and Freddie Mac public," Trump posted on Truth Social. "I will be speaking with Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and the Director of the Federal Housing Finance Agency, William Pulte, among others, and will be making a decision in the near future.

"Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned," he added.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.