Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates
CNBC·2026-01-08 21:57

President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House, in Washington, Dec. 12, 2025.It was unclear who Trump is referring to as his representatives. The White House and the Federal Housing Finance Agency did not immediately respond to CNBC's requests for clarity.Trump, in a Truth Social post , said he was issuing that directive because Fannie Mae and Freddie Mac, the two government-sponsored mortgage-issuing entities, are flush with cash.President Donald Trump on ...