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Mnuchin in Talks With Fannie-Freddie Overseer on Rushed Redo (2)

Dec. 2, 2020, 10:49 PM

Treasury Secretary Steven Mnuchin said he’s made no decision on actions that might be taken at the end of the Trump administration to free Fannie Mae and Freddie Mac from U.S. control, while raising the possibility that the companies could be released before they are fully capitalized.

Mnuchin, speaking at a Wednesday House hearing, said he has had discussions about possible moves with Federal Housing Finance Agency Director Mark Calabria, the companies’ regulator. But Mnuchin said he hasn’t made up his mind on whether to do anything, while reiterating that he opposes ending Fannie and Freddie’s federal conservatorships until ...

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