Bill Ackman Calls for Merging Fannie Mae, Freddie Mac Amid Trump’s IPO Push

Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, Calif., on May 6, 2025. REUTERS/Mike Blake Merging mortgage giants Fannie Mae and Freddie Mac could turn out to be highly beneficial in terms of lower mortgage rates for Americans while lowering costs for the federal government,

Trump Threatens Allowing ‘Major Lawsuit’ Against Fed Chair Powell Over Central Bank Renovation

President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on in Washington on July 24, 2025. Chip Somodevilla/Getty Images President Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, threatening to allow a “major lawsuit” against him over the central bank’s multibillion-dollar headquarters