The Trump administration is considering an executive order on housing that may push for the privatization of home loan giants Fannie Mae and Freddie Mac, the Wall Street Journal reported, citing a person familiar with the matter.
The White House said in a statement to the Journal that industry leaders "have responded to President Trump's America First economic agenda of tariffs, deregulation, and the unleashing of American energy with trillions in investment commitments that will create thousands of new jobs."
Speculation has grown about the fate of the so-called government-sponsored enterprises in recent days.
Bessent last week said the government's stakes in Fannie and Freddie could eventually become part of the proposed