Ackman urges the Trump administration to release Fannie Mae and Freddie Mac from conservatorship

Bill Ackman, founder of Pershing Square, has urged the Trump administration to end government conservatorship of Fannie Mae and Freddie Mac before the end of its term, stating that the move is “crucial” politically. He warned that if a Democratic-led government takes office in the future, these two institutions might be used to target the Republican Party. Following these remarks, Fannie Mae and Freddie Mac’s share prices on the over-the-counter market rose by 22% and 25%, respectively. Ackman has long held stock in both companies and expressed continued optimism about their prospects. As investors have grown disappointed with the lack of progress in ending conservatorship, both companies’ share prices have fallen by about 60% so far this year. US Treasury Secretary Janet Yellen said this week that the government may not address the equity structure of the two companies until 2027 or 2028, emphasizing that maintaining stable mortgage rates remains a top priority for the administration.