BIRMINGHAM, Ala. (WDNews) — Senator Tommy Tuberville is praising the Trump administration’s decision to move Fannie Mae’s San Francisco office to Birmingham, calling it a major economic opportunity for Alabama.
“Relocating Fannie Mae from San Francisco to Birmingham will not only save the taxpayers money, but it will bring jobs and opportunities to our state. Birmingham used to be the financial capital of the South and this is an important step to making Birmingham boom again.”
“This is an early Christmas present for the great people of Alabama,” said Senator Tuberville. “Thanks to the leadership of President Trump and Federal Housing Director Bill Pulte, Fannie Mae is immediately leaving woke California for sweet home Alabama. Fannie Mae is one of the biggest mortgage financers in the world.”
“Thanks to President Trump and our collaboration with and confidence in Senator Tuberville, Fannie Mae’s San Francisco Office will be relocating to Birmingham, Alabama. Congratulations, Alabama!” said William J. Pulte, Chairman of Fannie Mae.
Officials say more information on the relocation timeline will be released at a later date.