Reported 4 days ago
Billionaire investor Bill Ackman expresses confidence that the Trump administration could privatize Freddie Mac and Fannie Mae within the next two years, potentially leading to a public offering in 2026. He believes this historic move would generate substantial profits for the government while alleviating liabilities. With past efforts falling short, Ackman and other Wall Street investors are hopeful that a second Trump administration could revive plans to return these mortgage giants to private control.
Source: YAHOO