Bill Ackman urged the Trump administration to remove Fannie Mae and Freddie Mac
from conservatorship before its term ends, calling the move politically critical
and warning a future Democratic administration could use the agencies against
Republicans. After his remarks, the firms’ OTC shares rose about 22% and 25%,
respectively. Ackman, a long-term holder, said he remains very bullish. Both
stocks have fallen roughly 60% YTD amid investor disappointment over stalled
progress on release. Treasury Secretary Bessent said this week the government
may not resolve the companies’ equity structure until 2027 or 2028 and that
Preserving mortgage-rate stability remains a priority.
