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In social media posts on X, billionaire activist investor Bill Ackman suggested that Fannie Mae (FNMA) and Freddie Mac (FMCC) — the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation, respectively — could exit their government conservatorship and go private in 2026 in President-elect Donald Trump's second term.
Morning Brief hosts Seana Smith and Madison Mills break down Ackman's comments and Wall Street leaderships' access to Trump and ability to shape policy.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.