Peter Schiff Calls Trump’s Freddie And Fannie IPO Plan A ‘Bad Idea’: Sole Purpose Is To ‘Reward’ President’s Friends

Economist Peter Schiff is pushing back against President Donald Trump’s plans for an initial public offering for Fannie Mae or the Federal National Mortgage Association (OTCMKTS: FNMA) and the Federal Home Loan Mortgage Corp. (OTCMKTS: FMCC), also known as Freddie Mac.

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