Bill Ackman calls for Fannie-Freddie merger as Trump teases IPO

Activist investor Bill Ackman expressed support for a merger between Fannie Mae and Freddie Mac as President Trump mulls making both of the mortgage securitizing firms public companies. Ackman, a prominent Trump supporter, argued that merging Fannie and Freddie would help bring down mortgage rates and "enable them to achieve huge synergies" in their efforts...