The Trump administration wants to put Fannie Mae and Freddie Mac back into private hands after more than a decade in government control. The path to doing so will likely lead through Wall Street. Before the two mortgage giants can be privatized, they will potentially have to raise billions of dollars from investors, a move that will require big banks to move further into a sticky political issue. Financial firms are already laying the early groundwork.

Source: Wall Street Journal October 23, 2019 15:45 UTC