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Bloomberg:
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•Source: Bloomberg.com
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Key takeaways
- According to Bloomberg
- com, Senator Elizabeth Warren, a leading Senate Democrat overseeing Fannie Mae and Freddie Mac, is requesting further information from Treasury Secretary Scott Bessent regarding the Trump administration's plans to return the mortgage giants to public ownership
- The report indicates that the Treasury Department and the Federal Housing Finance Agency have recently convened meetings with housing advocates, think tanks, and mortgage industry stakeholders to discuss the general framework of the process
According to Bloomberg.com, Senator Elizabeth Warren, a leading Senate Democrat overseeing Fannie Mae and Freddie Mac, is requesting further information from Treasury Secretary Scott Bessent regarding the Trump administration's plans to return the mortgage giants to public ownership.
The report indicates that the Treasury Department and the Federal Housing Finance Agency have recently convened meetings with housing advocates, think tanks, and mortgage industry stakeholders to discuss the general framework of the process.
Related Topics
Fannie MaeFreddie MacElizabeth WarrenScott BessentIPOmortgageTrump administration
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