The White House is reportedly preparing to IPO Fannie Mae and Freddie Mac • Would sell 5% to 15% of their stock • Valuation of ~$500 billion for each • Could IPO together or as separate companies Major bank CEOs have all met with Trump in recent weeks to discuss the plan

"Proponents have long said that such a transaction—which at the values being discussed would rank among the largest stock offerings in history—could reduce the country’s deficit and return money to taxpayers." More here, via WSJ: