Bill Ackman’s $300 Billion Fannie Mae (FNMA) and Freddie Mac (FMCC) Plan: What It Means for Investors on November 19, 2025
What Happened — and Why It Matters Today On November 18, 2025, Pershing Square Capital Management founder Bill Ackman finally pulled back the curtain on a long‑trailed proposal for mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC). In a