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Bill Ackman anticipates removal of Fannie Mae and Freddie Mac from government control and potential relisting

The Motley Fool +1 · ·by G4L

  1. 1Bill Ackman believes President Donald Trump could remove Fannie Mae and Freddie Mac from government control and relist them through an executive order.
  2. 2A value of $500 billion that Fannie Mae and Freddie Mac could create upon release was mentioned.
  3. 3Each stock has recorded a minimum price increase of 23% over the past month.

So what's the key point?

Bill Ackman thinks President Trump will allow Fannie Mae and Freddie Mac to move away from government control. This process could create $500 billion in value, which has helped stock prices rise by more than 23% over the last month.

Source The Motley Fool +1 · View original ↗

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