Trump has said he wants to take government backed mortgage giants Fannie Mae and Freddie Mac public. But it remains unclear if they will remain under conservatorship or how their shares will be valued.

Days after the administration confirmed plans to start selling the government's stakes in mortgage giants Fannie Mae and Freddie Mac, President Trump suggested they might be combined and trade as "MAGA.

Public-private government entities give all the benefits with little downside, save an enormous debt that remains off-book.