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Ackman expects Trump to privatize Fannie Mae, Freddie Mac

Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again, the billionaire investor said on Monday.

Shares of Fannie Mae climbed 18.4%, while those of Freddie Mac rose 18% following Ackman's post on social media platform X.



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