# Bill Ackman Says Releasing Fannie and Freddie Is 'Politically Critical' for Trump > The hedge fund manager argued it's urgent for the administration to free Fannie Mae and Freddie Mac from government conservatorship before Trump leaves office, warning a future Democratic administration could otherwise use their massive cash flows as a political war chest. - Source: Principle Post - Canonical URL: https://principlepost.com/article/ackman-fannie-freddie-release-politically-critical - Author: Principle Post Staff - Section: Politics - Published: 2026-10-22T18:26:00.000Z - Updated: 2026-10-22T18:26:00.000Z - Tags: Bill Ackman, Fannie Mae, Freddie Mac, Trump administration, housing finance --- Bill Ackman says it is "absolutely politically critical" for Fannie Mae and Freddie Mac to be released from government conservatorship before the end of the Trump administration. The Pershing Square founder, a longtime investor in both mortgage giants, made the case in a television interview, adding urgency to a long-running debate over when and how to end the companies' 18-year stint under federal control. ## A warning about who benefits from delay Ackman argued that leaving Fannie and Freddie in conservatorship carries a political risk as much as a financial one: the two companies generate enormous, steady cash flows, and he warned that if a future Democratic administration took power in 2028 with the companies still under government control, it could use that financial firepower as a kind of political war chest. Acting now, in his view, keeps that leverage out of the hands of a potential future opponent. The comments come as the Trump administration has so far held off on a formal release, with reports suggesting officials are still weighing the timing and structure of any exit. Ackman has pushed for freeing Fannie and Freddie for years, calling it one of his highest-conviction investment ideas, though he has also previously cautioned that unwinding the conservatorship the wrong way, or too quickly, could create its own risks for mortgage markets. --- Originally published by Principle Post. Free to cite with attribution and a link to https://principlepost.com/article/ackman-fannie-freddie-release-politically-critical.