Reported 3 days ago
President Donald Trump is meeting with major U.S. bank CEOs to discuss strategies for taking mortgage giants Fannie Mae and Freddie Mac public, according to Bloomberg News. Following their recovery from federal conservatorship since 2008, both companies are exploring stock offerings as they have regained profitability. Discussions include potential public offerings, with Trump seeking input from banking leaders on how their institutions might participate in the process.
Source: YAHOO