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Trump must ‘accept the reality’ there is no Iran deal on the horizon: Jack Keane

NY Post
1 week 4 days ago
The chairman of the Institute for the Study of War and former Army vice chief of staff blasted eight weeks of fruitless talks as a waste while Iran plays game.
Caitlin Doornbos

OnlyFans model Sami Sheen selling pink custom 1-of-1 Ford Bronco for $329K following repossession drama

NY Post
1 week 4 days ago
Sami Sheen's pink "Barbie Car" is looking for a new dreamhouse.
Kevin Barr

Donald Trump Jr. and Bettina Anderson’s plans to expand their family revealed

NY Post
1 week 4 days ago
A source exclusively told Page Six that the newlyweds plan to have children together and expand their family, though they're not putting pressure on a timeline just yet.
mliss1578

Donald Trump Jr. and Bettina Anderson’s plans to expand their family revealed

NY Post
1 week 4 days ago
A source exclusively told Page Six that the newlyweds plan to have children together and expand their family, though they're not putting pressure on a timeline just yet.
Sarah Jones

Dramatic moment heroic SoCal restaurant owner flies into action to save choking customer

NY Post
1 week 4 days ago
Surveillance footage captured the dramatic rescue Sunday at Carnitas Y Chicharrones 'El Gallo.'
Nina Joudeh

James Handy’s girlfriend speaks out after son allegedly murders ‘Top Gun: Maverick’ actor

NY Post
1 week 4 days ago
Wendy Gledhill, whose son is the suspect in her boyfriend's murder, spoke to The California Post outside her California home after the tragic incident.
mliss1578

James Handy’s girlfriend speaks out after son allegedly murders ‘Top Gun: Maverick’ actor

NY Post
1 week 4 days ago
Wendy Gledhill, whose son is the suspect in her boyfriend's murder, spoke to The California Post outside her California home after the tragic incident.
Eric Todisco

Dennis Quaid and ex-wife attend son’s graduation after actor files to stop paying child support

NY Post
1 week 4 days ago
The actor, 72, and Kimberly Buffington were married between 2004 and 2018, welcoming twins Thomas and Zoe via surrogate during their time together.
mliss1578

Dennis Quaid and ex-wife attend son’s graduation after actor files to stop paying child support

NY Post
1 week 4 days ago
The actor, 72, and Kimberly Buffington were married between 2004 and 2018, welcoming twins Thomas and Zoe via surrogate during their time together.
Riley Cardoza

Teen swimmer who vanished off Rockaway Beach during NYC heat wave found dead

NY Post
1 week 4 days ago
The body of the high schooler – identified by his grieving mom as Brandon Figueroa, 18 – was found floating near the shoreline around 5:20 p.m. May 30 at Beach 222nd Street and Rockaway Point Boulevard in Breezy Point, authorities said. 
Amanda Woods

Anger and death threats fly in John Gotti’s neighborhood as complaints shut down rogue Knicks watch party

NY Post
1 week 4 days ago
There's some beef in Howard Beach.
Katherine Donlevy

I talked to Chris Lake. He told us why you need to see him in Brooklyn

NY Post
1 week 4 days ago
“I don’t plan anything," the party-starter told us. "I turn up and just go where the room takes me.”
Nishka Dhawan, Matt Levy

Fannie, Freddie Jump After Trump Floats $1 Trillion Valuation

Zero Rss
1 week 4 days ago
Fannie, Freddie Jump After Trump Floats $1 Trillion Valuation

Fannie Mae and Freddie Mac shares jumped on Friday morning after President Trump said late Thursday that the mortgage giants were "probably worth $1 trillion," reviving Wall Street hopes for a long-awaited exit from government control.

President Trump praised FHFA Director Bill Pulte on Thursday for turning around Fannie Mae and Freddie Mac, saying the mortgage giants "probably have $1 trillion in value."

Full transcript:

"...a person who's got high integrity. He's done a phenomenal job at Fannie Mae, Freddie Mac. You probably have $1 trillion in value there. When he took over it was much less, and I guess I'm responsible for that too because everybody wanted me to sell it in my first term for 10% of what it's worth right now. If I would've sold it, we would've lost $900 billion. We would've lost. Think about it. It's probably worth $1 trillion. People want me to sell it at $100 billion — a very small percentage of what it's worth now. And he built up a lot. Did a great job. And it's an acting position. He is not going to be permanent because I don't think you'd want to be. But he was a smart guy. You may find out some things about the rigged elections, etc. etc. I think he wants to do it. He's got a lot of energy but will be very good. He's not a permanent position. We're looking at — we are interviewing people right now. But it is somebody just to take over for a little while."

.@POTUS on @pulte: "He's very smart. He's a person who's got high integrity. He's done a fantastic job... and it's an Acting position. He's not going to be permanent because I don't think he'd want to be permanent. But he's a very smart guy." pic.twitter.com/2wqOy7VtaS

— Rapid Response 47 (@RapidResponse47) June 4, 2026

Fannie and Freddie were both up in the early cash session, rising 5% and 3%, respectively. Shares in both mortgage giants tumbled earlier this week after Trump named Pulte as acting Director of National Intelligence, raising concerns that the dual role could delay the sale of the government's stake.

As of Friday morning, Fannie shares are down 34% YTD, while Freddie has slumped 38% YTD, as traders grow uneasy over the pace of the Trump administration's privatization plans. Optimism around potential share sales drove large gains in 2025.

Bose George, managing director at Keefe, Bruyette & Woods (KBW), wrote in a note, "We're comfortable with our most recently published numbers on the valuation—a current combined fair value in the $200–$250 billion range."

Related:

  • Ackman Floats "Immediately Actionable" Blueprint To Free Fannie And Freddie

Christopher Maloney, mortgage strategist at BOK Financial, noted, "I don't believe I will ever see Fannie and Freddie released from conservatorship, at least not in my lifetime."

Tyler Durden Fri, 06/05/2026 - 14:00
Tyler Durden

Kate Middleton shares rare insight into how cancer battle affected her family | Royals Recap

NY Post
1 week 4 days ago
Kate Middleton has offered rare insight into how her cancer treatment affected not just her, but her entire family, during an emotional visit to a cancer center in Manchester. On “Royals Recap,” Royal Expert Charlie Lankston breaks down Kate’s comments about how her children, parents, and loved ones were impacted as she supported a patient...
mliss1578

Kate Middleton shares rare insight into how cancer battle affected her family | Royals Recap

NY Post
1 week 4 days ago
Kate Middleton has offered rare insight into how her cancer treatment affected not just her, but her entire family, during an emotional visit to a cancer center in Manchester. On “Royals Recap,” Royal Expert Charlie Lankston breaks down Kate’s comments about how her children, parents, and loved ones were impacted as she supported a patient...
Page Six Video

Polymarket promo code NYPMAX: Deposit $20, get $50 for Yankees vs. Red Sox markets

NY Post
1 week 4 days ago
Deposit $20, get $50 with Polymarket promo code NYPMAX for Yankees vs. Red Sox.
Michael Leboff

LA County vote-counting facility appears bustling with workers as probe announced — a day after desks sat empty

NY Post
1 week 4 days ago
The California Post had visited the county’s 144,000-square-foot ballot processing facility Thursday, which showed dozens of empty work stations.
Titus Wu

Spain without 18-year-old phenom Lamine Yamal in countdown to World Cup

NY Post
1 week 4 days ago
The hamstring the 18-year old wunderkind injured taking a penalty for Barcelona against Celta Vigo on April 22 has kept him out for six weeks and counting.
Stanley Harrison

Paramount’s Warner Bros. acquisition faces lawsuit from states as Hollywood frets over deal: report

NY Post
1 week 4 days ago
The proposed transaction has faced pushback from actors, writers and others in Hollywood over its potential to eliminate jobs.
Reuters

R.I.P. Anthony Head: ‘Buffy the Vampire Slayer’ and ‘Ted Lasso’ Actor Dead At 72

NY Post
1 week 4 days ago
Head starred as Rupert Giles in the hit supernatural drama alongside Sarah Michelle Gellar.
mliss1578

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News feeds

  • Record Percentage Of Central Banks Expect Gold Reserves To Increase In Next 12 Months
  • "By Any Means Necessary": Candidate Struck From Alaska Ballot Over Alleged Democratic Dirty Trick
  • MLB Scolds Players Who Wrote Bible Verses On Pride Night Uniforms
  • Is California Reaching Critical Mass?
  • Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal
  • FBI Raids Soros-Connected Ohio Voter Mobilization Group In Fraud Investigation
  • Gavin Newsom And The DOJ Probe Opened Under Biden: Behested Payments, Family Nonprofits, & Questions Of Influence
  • San Francisco Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI
  • Thune Signals Senate Will Pursue Stand-Alone FISA Renewal Despite Trump's Demands
  • Hardline Israeli Politicians Livid Over Iran Deal, Want Netanyahu Out So They Can Do 'Real Regime Change'
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