trump wants to privatise Fannie Mae and Freddie Mac... can you imagine the disaster that would engender?

[butters]

Investing.com -- Former figures and bankers who served in Donald Trump's prior administration have been discussing plans to end Washington's control over mortgage-finance groups Fannie Mae and Freddie Mac, the Wall Street Journal has reported.

Citing people familiar with the matter, the paper said the talks have been underway since at least last spring and have included contacting investment managers for advice on how to close the deal.

Under Trump, previous efforts were made to privatize Fannie and Freddie, but they proved unsuccessful. Trump's allies and some Republicans have argued that such a move would help bring down the US deficit and bring money back to taxpayers, the WSJ said.

Opponents, however, have said that privatizing the two companies would shrink the access to credit for home buyers and augment taxpayers' risk, the paper added.

https://www.msn.com/en-us/money/mar...&cvid=3d01f966ce9c400d93765819f3841f76&ei=163

let's be quite clear: trump's ONLY interest is in how he might make some money for himself out of this
he cannot be allowed anywhere near the White House again

 

[RobDownSouth]

He also stated yesterday that the "President deserved SOME input as to what interest rates should be set at", conveniently overlooking the fact that the Federal Reserve was set up to be COMPLETELY independent from manipulations by the Federal Government.

And anyone who believes that, given a chance, convicted felon Donald J Trump would not manipulate interest rates for his own political and/or person gain is delusional.

His barking that cutting rates in an election year would favor an incumbent president is simply sour grapes.