🟢 Fannie Mae is trading 9.06% up after Bessent's comments on ownership structure

Fannie Mae is trading 9.06% up now at $3.73, with the move tied to Treasury Secretary Scott Bessent’s comments on ownership structure.

• On October 20, Bessent said the administration expects to address Fannie Mae and Freddie Mac’s ownership structure in 2027 or 2028; reporting linked the remarks to sharp gains in both companies that day.
• Any ownership change remains uncertain and is not imminent. The broader financial sector was also positive, and no trading-volume information was available.