"You probably have $1 trillion in value there. When he took over it was much less, and I guess I'm responsible..."

The Trump administration’s long-held vision to end government control of mortgage giants Fannie Mae and Freddie Mac faced another setback this week.

Trump values Fannie Mae and Freddie Mac at $1 trillion combined as GSEs explore crypto-backed mortgages, privatization, and a $200B MBS purchase program.

"You probably have $1 trillion in value there. When he took over it was much less, and I guess I'm responsible..."

Fannie Mae and Freddie Mac shares surged up to 10% after Trump valued them at $1 trillion, then fell as analysts pegged their combined worth near $200-$250