Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
Official documentation or agency communications show government-backed institutions were instructed to purchase up to $200 billion in mortgage bonds.
Multiple reputable sources — including the White House transcript of Trump’s Davos speech, contemporaneous reports from major news organizations (Reuters, AP, Politico, CNBC) and Trump’s own social media posts — show he said he had instructed government-backed mortgage enterprises (Fannie Mae and Freddie Mac, referred to as GSEs) or "my representatives" to buy up to $200 billion in mortgage-backed securities to push mortgage rates lower. The evidence supports the claim that the President publicly made that instruction and named government-backed institutions as the intended purchasers; analysts and regulators noted the proposal but questioned its legal and practical implications. Verdict: True — the President publicly instructed government-backed institutions to purchase up to $200 billion in mortgage bonds, though implementation and legal authority were debated.