The Julia La Roche Show · Saturday, October 24, 2026
Chris Whalen stated on the podcast that there is no realistic possibility of releasing Fannie Mae and Freddie Mac (the GSEs) from government control during the Trump administration. He described comments about restructuring as a 'pump and dump' and noted that the GSEs have done no work to prepare to become private companies again.
“My point is, is it, you know, to your question, Julia, there isn't really a possibility of release of the GSEs during payments terms. They have done no work.”
“They don't have the management. They need to do a lot of work and frankly, some investment in systems and controls and everything else before they can even think about that.”