Reported about 6 hours ago
Sheila Bair, the former chair of the FDIC, argues that Fannie Mae and Freddie Mac should be privatized after years in government conservatorship since the 2008 financial crisis. With President Trump's return to the White House, there is renewed optimism among investors about this possibility, as shares of Fannie have significantly increased. Bair emphasizes that remaining in conservatorship hinders agility and decision-making and believes the transition to privatization is necessary for progress.
Source: YAHOO