Trump to Order Purchase of $200 Billion in Mortgage Bonds

Trump to Order Purchase of $200 Billion in Mortgage Bonds

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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