President Donald Trump is ready to make major reforms to government-owned housing-finance giants Fannie Mae and Freddie Mac and to potentially break with Republican orthodoxy by maintaining the federal conservatorship the companies have operated under for nearly two decades.

President Trump says he'll decide soon whether to take Fannie Mae and Freddie Mac public — a move that was vocally sought by Trump ally Bill Ackman.

President Trump made a long-awaited announcement concerning the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). On Tuesday, Trump wrote in a Truth Social post: “I am working on TAKING THESE AMAZING COMPANIES PUBLIC,