22. Department of the Treasury · Notable · Needs Congress
Wind down Fannie Mae and Freddie Mac in an orderly manner
Printed page 706 22. Department of the Treasury
“Fannie Mae and Freddie Mac (both GSEs) must be wound down in an orderly manner.”
What has happened
- Not started
Neither Enterprise is being wound down, and the one housing statute enacted in the window left them in place. The 21st Century ROAD to Housing Act (Public Law 119-101, enacted 2026-07-11) runs to seven titles of housing supply, FHA, rural housing and homelessness provisions and mentions the Federal National Mortgage Association once, incidentally; it contains no wind-down, no receivership and no charter repeal. Fannie Mae and Freddie Mac remain in conservatorship, and FHFA's news record for 2026 contains no wind-down, privatization or public-offering announcement.
Research log
What was searched, and what didn’t count as evidence
Research notes
Read first, as the trail map directs: #1984 (end the conservatorships and privatize the Enterprises), researched 2026-08-27 and not started on H.R. 1209’s introduction. This ask is the harder one — winding the Enterprises down rather than releasing them — and nothing in the record moves toward it.
FHFA’s 2026 news releases, read from fhfa.gov/news/news-release, are house price index publications, an insurance-requirement change and a credit-score announcement.
- Action
- abolish
- Object
- Fannie Mae and Freddie Mac
- ID
- 1985