Reported 4 days ago
Billionaire investor Bill Ackman believes President-elect Donald Trump will remove Fannie Mae and Freddie Mac from conservatorship, potentially privatizing them again. Following Ackman's comments, shares of both companies experienced significant gains, with expectations that they could be listed publicly around 2026 after emerging from conservatorship. The companies were placed under conservatorship in 2008 to prevent economic collapse after significant losses.
Source: YAHOO