06:41 AM EDT, 05/28/2025 (MT Newswires) -- President Donald Trump said Tuesday that his administration is working on taking government-sponsored mortgage agencies Fannie Mae and Freddie Mac public.
"I am working on taking these amazing companies public, but I want to be clear, the US government will keep its implicit guarantees, and I will stay strong in my position on overseeing them as president," Trump said in a social media post.
Fannie Mae, or the Federal National Mortgage Association, and Freddie Mac, or the Federal Home Loan Mortgage Corp., shares currently trade in over-the-counter markets.