CNN —
Bill Pulte, who was confirmed by the US Senate on Thursday to lead the Federal Housing Finance Agency for the Trump administration, said he’s in no rush to privatize Fannie Mae and Freddie Mac, the mortgage behemoths that power more than half of America’s mortgages.
“Fannie and Freddie shouldn’t be in conservatorship forever,” Pulte told CNN on Thursday. “But it’s critical to ensure any discussion about exiting conservatorship needs not only to ensure safety and soundness but how it would affect mortgage rates.”
In 2019, Trump’s first administration tried — and failed
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