WASHINGTON, Sept 30 (Reuters) - Housing giants Fannie Mae and Freddie Mac will be permitted to retain a total of $45 billion in earnings going forward, as an initial step toward exiting government control.

Fannie, Freddie poised to pause Treasury sweeps soon - WSJ Sep. 23, 2019 8:39 AM ET|About: Federal National Mortgage A... (FNMA)|By: Liz Kiesche, SA News Editor Fannie Mae (OTCQB:FNMA) and Freddie Mac

The Trump administration on Thursday released its first formal plan to overhaul the housing finance system and begin the process of removing Fannie Mae and Freddie Mac from government conservatorship.