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,