GSE privatisation will need congressional support
![Fannie Mae](https://assets.euromoneydigital.com/dims4/default/d25855e/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fe5%2F60%2F9766b688943d517aff1704b12d04%2Ffannie-mae.jpg)
A White House statement on Tuesday indicated that the executive branch will work with US Congress to privatise the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, signalling that any attempt to reform US mortgage finance will need to pass through a deadlocked legislature.
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