Fannie and Freddie Shares Tank as Doubt Swirls About Trump Plans

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Shares of Fannie Mae and Freddie Mac, down about 70% in the last six months, hit their lowest level in more than a year as investors cast doubt on the Trump administration’s efforts to sell more stock in the mortgage-finance giants to the public.The shares have been on a steep decline since mid-September, shortly after optimism peaked that a public offering for the agencies could come in 2025. That didn’t happen.