Reported 1 day ago
Commerce Secretary Howard Lutnick has hinted that the U.S. government may pursue an IPO for Fannie Mae and Freddie Mac in 2025, which could be the largest in history. He emphasized that this move aims to illustrate the 'mark-to-market' value of these government-sponsored enterprises to American taxpayers and is part of the Trump administration's efforts to maintain affordable mortgage rates. While exact details remain unclear, Lutnick suggested that the initial public offering could happen sooner than anticipated.
Source: YAHOO