Trump mulling privatizing Fannie Mae and Freddie Mac

Government

WASHINGTON President Donald Trump said he was considering selling off U.S. mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis. The move, if confirmed, could resolve an issue that has dogged administrations as far back as Barack Obama's, offering possible dividends for investors, but risking driving up borrowing rates for homebuyers. "I am giving very serious consideration to bringing Fannie Mae

Tag-uri: Donald Trump