The Trump administration is weighing an executive order that could accelerate efforts to privatize Fannie Mae and Freddie Mac, according to Bloomberg. Federal Housing Finance Agency Director Bill Pulte and Treasury Secretary Scott Bessent acknowledged the need to consider potential effects on mortgage rates. The White House touted Trump’s economic policies for spurring trillions in investment pledges and job creation. Bessent recently suggested that government stakes in Fannie and Freddie could eventually be rolled into a U.S. sovereign wealth fund
