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 to support the U.S. home loan market.

"A merger would also reduce the cost and risks of government oversight," Ackman continued in a post on a social media.

Ackman's post featured a screenshot of a Truth Social post from President Trump, which included a doctored image of the president at the New York Stock Exchange. The image appeared to depict the initial public offering (IPO) of "The Great American Mortgage Corporation," listed wi

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