Fannie and Freddie Shares Crash: Trump Privatization Dreams Fade Fast
Fannie Mae and Freddie Mac shares hit 1-year lows in March, down ~70% in 6 months as investors doubt Trump administration's privatization plans and IPO timeline.
Fannie Mae and Freddie Mac shares hit 1-year lows in March, down ~70% in 6 months as investors doubt Trump administration's privatization plans and IPO timeline.
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.