Trump Keeps Fannie, Freddie Share Sale in Play After Bill Pulte Takes 2nd Role
Updated
Updated · Bloomberg · Jun 5
Trump Keeps Fannie, Freddie Share Sale in Play After Bill Pulte Takes 2nd Role
3 articles · Updated · Bloomberg · Jun 5
Summary
Air Force One remarks on Friday clarified that the White House is still weighing a public offering of shares in Fannie Mae and Freddie Mac, despite fresh questions about the plan's status.
Bill Pulte's temporary appointment as acting director of national intelligence had raised doubts because he also leads the Federal Housing Finance Agency, the regulator overseeing the two mortgage giants.
Trump's comments indicate the long-running effort to revisit Fannie and Freddie ownership remains active even as a key housing official takes on a second, unrelated national-security post.