Bill Ackman expects Trump to privatize Fannie Mae and Freddie Mac

Published On Dec 30, 2024, 3:41 PM

Bill Ackman has stated that he expects former President Donald Trump to privatize Fannie Mae and Freddie Mac, which have been under government conservatorship since the financial collapse in 2008. Ackman believes this transition could happen within the next two years, potentially leading to their public listings around 2026. Following Ackman's announcement, Fannie Mae's stock surged by 18.4%, and Freddie Mac's stock increased by 18%.