Citi CEO Meets Trump on Fannie, Freddie Public Offerings (1)

Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac.

Fraser met with Trump to discuss the bank’s possible involvement in monetizing the Federal National Mortgage Association and Federal Home Loan Mortgage Corp., the firms that have been under government conservatorship since the 2008 financial crisis, according to a person familiar with the matter.

She and other Wall Street executives have been making proposals to the president on the potential deals, which would likely be among the largest public offerings in history ...