Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

The Trump administration is preparing to sell stock in mortgage giants Fannie Mae and Freddie Mac in an offering it believes could raise around $30 billion and kick off later this year

President Donald Trump and his economic team are preparing for what could be a record-setting stock sale of Fannie Mae and Freddie Mac, the government-controlled mortgage giants that underpin stability and affordability in the U.S. housing market. The Wall Street Journal first reported the plans, which have yet to
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