WSJ What’s News Are Fannie Mae and Freddie Mac Set for an IPO?
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Aug 8, 2025 The Trump administration is eyeing an IPO for Fannie Mae and Freddie Mac, potentially raising $30 billion. Key questions linger about their future beyond government conservatorship. In a twist, gold futures hit a 45-year high before settling down due to tariff talks. Meanwhile, shifting consumer habits are reshaping the alcohol and tobacco industries, with companies adapting to new vices. Plus, India is making strides in iPhone production, but faces challenges against China's established capabilities.
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Fannie And Freddie IPO In The Works
- Corrie Driebusch says the Trump administration is preparing an IPO for Fannie Mae and Freddie Mac later this year.
- The potential offering would value them around $500 billion and sell roughly 5–15% of stock.
IPO Could Raise About $30 Billion
- Corrie Driebusch says the administration believes the share sale could raise around $30 billion.
- Officials frame proceeds as a way to reduce the federal deficit and return money to taxpayers.
Conservatorship And Guarantee Unresolved
- Corrie Driebusch warns the conservatorship status of Fannie and Freddie remains unresolved ahead of any IPO.
- President Trump wants the federal guarantee preserved, but officials haven't clarified how that would function.