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Fannie Mae and Freddie Mac going public? Trump's new move linked to infamous Project 2025

ByYash Nitish Bajaj
Updated on: May 22, 2025 04:54 AM IST

Donald Trump said he is considering making Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) public

President Donald Trump on Wednesday said he is considering making Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) public. The two are key in the housing finance system. While the president did not give a timeline, several social media users linked his latest move to the infamous Project 2025.

President Donald Trump gestures as he departs after hosting the 2025 NCAA Champion, University of Florida men's basketball team (AP)

“I am giving very serious consideration to bringing Fannie Mae and Freddie Mac public. I will be speaking with Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and the Director of the Federal Housing Finance Agency, William Pulte, among others, and will be making a decision in the near future. Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!” Trump posted on Truth Social.

"Straight out of Project 2025: Chapter 22: “The Treasury Department should work to end the conservatorships and move toward privatization of Fannie Mae and Freddie Mac,” another one added.

 
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics also realtime updates on Indonesia ferry fire.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics also realtime updates on Indonesia ferry fire.
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