Trump Team Signals It Wants to Keep Control of Fannie, Freddie to Boost Budget

A residential neighborhood in San Marcos, Texas.

Photographer: Jordan Vonderhaar/Bloomberg

Signs are emerging that the Trump administration may be less willing to give up control of mortgage giants Fannie Mae and Freddie Mac than investors have bargained for, as policymakers scrounge for ways to close US budget gaps.

In recent social media posts, Donald Trump said he’s exploring the sale of new shares in the two companies, which play a key role in determining how much Americans pay for home loans — but he also made clearBloomberg Terminal the government will keep a strong oversight role.