Elizabeth Warren Questions Treasury Secretary on Fannie Mae and Freddie Mac IPO Plans

Reported about 8 hours ago

Senator Elizabeth Warren has pressed Treasury Secretary Scott Bessent for more information regarding the Trump administration's plans to take Fannie Mae and Freddie Mac public. In a letter, she requested that stakeholder input from recent meetings be made public and called for a thorough impact assessment before any decision on lifting the companies from government conservatorship. Warren expressed concerns about the potential repercussions for the mortgage market and questioned the involvement of FHFA Director Bill Pulte in this process.

Source: YAHOO

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