President Donald Trump is “giving very serious consideration to bringing Fannie Mae and Freddie Mac public,” according to a post on his Truth Social account Wednesday.

Trump added that he plans to speak with top administration officials and will be “making a decision in the near future” about the fates of the government-sponsored enterprises (GSEs). The president named Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick and Bill Pulte, director of the Federal Housing Finance Agency (FHFA), among the leaders he will consult.

Fannie Mae and Freddie Mac are shareholder-owned, publicly traded companies, so Trump’s claim about potentially bringing them public may have been a misstatement. But Fannie and Freddie were placed under federal conservatorship during the 2008 financial crisis amid concerns about substantial deterioration in their financial conditions, so it is likely that Trump meant he is considering releasing them from that status.

Fannie and Freddie buy mortgages from lenders and package them as mortgage-backed securities. Collectively, the two GSEs back most U.S. mortgages and inject liquidity into the mortgage industry through their purchasing activity.

The FHFA, which Pulte heads, is currently charged with overseeing and regulating Fannie and Freddie. When Pulte took office in March, it led to speculation that the GSEs would be released from conservatorship. But Pulte has repeatedly stated in interviews that he will defer to Trump on that decision.

Now, it appears that decision may be imminent.

“Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right,” Trump wrote, presumably regarding their conservatorship status. “Stay tuned!”