Respres, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons The Trump administration is weighing the sale of Fannie Mae and Freddie Mac shares in an offering that could begin as early as this year. Plans under discussion call for selling between 5% and 15% of their stock, with the two government-controlled mortgage giants valued at more than $500 billion. The transaction could raise around $30 billion, potentially making it the largest IPO in history. In recent weeks, the CEOs of Morgan Stanley, JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, and Bank of America met with President Trump in Washington to discuss the proposal. Trump confirmed that he is “working on” taking Fannie and Freddie public and stated that the government would maintain oversight even if…
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