Bank of America CEO Moynihan and Citigroup CEO Fraser Meet Trump to Discuss Fannie Mae, Freddie Mac Public Stock Offerings

Bank of America CEO Brian Moynihan and Citigroup CEO Jane Fraser recently held meetings with President Donald Trump at the White House. The discussions focused on the future of mortgage giants Fannie Mae and Freddie Mac, specifically exploring the possibility of public stock offerings for these government-sponsored enterprises. Moynihan also commented on consumer spending and credit quality remaining strong, as well as middle-market businesses seeking clarity on tariffs. Additionally, Trump emphasized his focus on laws, rules, and regulations affecting industry during these engagements.