Trump Administration Plans To Privatize Fannie Mae, Freddie Mac

Trump Administration Plans To Privatize Fannie Mae, Freddie Mac

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The Trump administration aims to privatize Fannie Mae and Freddie Mac, which have been under government control since the 2008 financial crisis. These companies play a crucial role in the housing market by buying mortgages and selling them as securities. While there is bipartisan support for ending government conservatorship, the process is complex and will require extensive negotiations between the administration, the Federal Housing Finance Agency, and Congress.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the Trump administration's plan regarding Fannie Mae and Freddie Mac?

To increase government control over the companies

To privatize the companies

To merge the companies into one entity

To eliminate the companies entirely

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why were Fannie Mae and Freddie Mac placed under government conservatorship in 2008?

To reduce their influence in the housing market

To prevent their bankruptcy

To expand their operations

To increase their market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do Fannie Mae and Freddie Mac play in the mortgage market?

They insure home loans

They directly lend money to homebuyers

They buy mortgages and package them into securities

They regulate interest rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge in ending government control of Fannie Mae and Freddie Mac?

Lack of support from Congress

The companies' minimal impact on the housing market

The complexity of their role in the housing market

Insufficient funding for privatization

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is required for the Trump administration's plan to move forward?

A public referendum

Lengthy negotiations among key stakeholders

Approval from the Federal Reserve

Immediate implementation without negotiations