How the Trump administration is steering the US towards becoming the crypto capital with major mortgage changes – US News
The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to explore counting cryptocurrency holdings as assets on mortgage applications, marking a shift in federal housing policy. The decision, announced Wednesday by FHFA Director William J. Pulte, reflects President Donald Trump’s broader push to make the U.S. a global leader in digital currency adoption. Under the Biden administration, Fannie Mae and Freddie Mac had barred the use of cryptocurrency-related income on mortgage applications, indicating the “high level of uncertainty” tied to the volatile market. The new directive from Pulte effectively reverses that stance, opening the door for crypto to play a larger role in the housing market.
“After…