Mnuchin Dashes Investor Dreams of Quick Fannie-Freddie Windfall
Bloomberg, June 10, 2019–Saleha Mohsin, Austin Weinstein
Treasury Secretary Steven Mnuchin made clear that freeing Fannie Mae and Freddie Mac from U.S. control won’t happen without a major overhaul of the nation’s housing finance system, potentially dashing investors’ hopes that they might soon make a windfall from their stakes in the mortgage giants.
