Memorandum on Federal Housing Finance Agency Reform
President Trump signed a memorandum on March 27, 2019 (Document 2019-06441) directing the Department of the Treasury and the Federal Housing Finance Agency to develop a plan to reform housing finance and reduce government control of Fannie Mae and Freddie Mac. The memorandum tasked agencies to propose legislation and actions to wind down the conservatorships of these government-sponsored enterprises. Confirmed direct impact: The directive initiated a formal review process, though subsequent legislative proposals did not advance to enactment during the Trump administration.