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International Business Times
International Business Times

Bill Ackman Unveils Plan for Fannie Mae and Freddie Mac, Could Return $300 Billion to Taxpayers

Bill Ackman Fannie Mae Freddie Mac Fannie Freddie William Ackman Pershing Square Capital Management SPS
CEO and Portfolio Manager Pershing Square Capital Management L.P. William Ackman speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City.

Billionaire investor Bill Ackman has revealed a new plan that he says could return more than $300 billion to American taxpayers and reset the future of Fannie Mae and Freddie Mac.

His proposal, shared Tuesday in a presentation on X, comes as the Trump administration looks for ways to ease rising housing costs across the country.

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