Friday, May 30, 2025
FEDERAL GOVERNMENT RELATIONS
Report: Treasury to stop producing new pennies next year
The Treasury Department will stop putting new pennies into circulation early next year, the Wall Street Journal reported.
Trump vows to end GSE conservatorship
President Donald Trump said he is working to take Fannie Mae and Freddie Mac out of conservatorship while maintaining an implicit government guarantee on their obligations and securities. On Truth Social, Trump said the government-sponsored enterprises “provide a vital service to the nation.”