Billionaire investor Bill Ackman proposed merging U.S. government-sponsored enterprises Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) in a post on X this Sunday. He argued that such a merger would lower mortgage rates and create significant operational and financial synergies.

President Donald Trump reportedly wants the U.S. to sell Fannie Mae and Freddie Mac stock in a quest to move mortgage finance firms from full federal control.

WASHINGTON: The Trump administration is considering selling shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to senior administration officials.