Unusual Whales

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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