
President Donald Trump in the Oval Office at the White House, in Washington, on May 5, 2025. Leah Millis/Reuters
President Donald Trump on Thursday said the United States will purchase $200 billion in mortgage bonds, with the goal of bringing down housing costs.
“Because I chose not to sell Fannie Mae and Freddie Mac in my First Term … it is now worth many times that amount — AN ABSOLUTE FORTUNE — and has $200 BILLION DOLLARS IN CASH,” Trump wrote in a post on Truth Social.
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Original News Source Link – Epoch Times
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