U.S. Senator Tommy Tuberville (R-Auburn) says Alabama just got an “early Christmas present” from President Donald Trump and Federal Housing Director Bill Pulte — and it’s coming straight out of “woke California.”
On Thursday, Tuberville announced that the Trump administration will relocate Fannie Mae’s San Francisco office to Birmingham, bringing one of the world’s largest mortgage financers out of a deep-blue coastal state and into the deep south.
“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!” Bill Pulte, Chairman of Fannie Mae and Director of the U.S. Federal Housing Finance Agency, said.
For decades, Birmingham has been a powerhouse in banking and finance, and home to Fortune 500 companies like Regions Financial.
In his announcement today, Sen. Tuberville said Fannie Mae’s move is a big step “to making Birmingham boom again.”
“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.
Relocating Fannie Mae from San Francisco to Birmingham will not only save 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,” Sen. Tuberville said.
According to recent filings, company-wide, Fannie Mae reports more than 7,000 employees nationwide.
Grayson Everett is the editor in chief of Yellowhammer News. You can follow him on X @Grayson270.
