Fannie Mae CEO Priscilla Almodovar Resigns Amid IPO Discussions

Priscilla Almodovar has resigned as CEO of Fannie Mae as the Trump administration considers an initial public offering (IPO) for the mortgage giant. This leadership change occurs during critical discussions about the company's future and potential privatization, which could significantly affect the housing market and investors. Almodovar's exit raises questions about the direction of Fannie Mae amidst these developments.