General World News

Fannie, Freddie merger buzz draws mixed market response

On Saturday, President Donald Trump shared an AI-generated image on Truth Social showing himself at the New York Stock Exchange with the phrases “MAGA LISTED NYSE” and “The Great American Mortgage Corporation,” dated November 2025.

The post appeared to reference a Wall Street Journal report from Friday outlining Trump’s plan to make a stock offering of Fannie Mae and Freddie Mac — valuing the government-sponsored enterprises (GSEs) at a combined $500 billion — and hinted at a possible merger of the two.

The idea of combining the mortgage giants has divided analysts. Supporters say it could streamline details ⇒

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