Bill Ackman
@BillAckman
CEO Pershing Square, Co-trustee @PershingSqFdn
Joined June 2017
1.2K Following 3.1M Followers
True
There’s a huge political risk to inaction here. The administration keeps pointing out $FNMA and $FMCC are printing cash and worth a trillion dollars. If they do nothing and Democrats take back power in 2028, they’re literally leaving a massive war chest on the table for a liberal agenda. Regardless of Bessent’s risk aversion, moving soon is the only way to prevent the exact “waste, fraud, and abuse” they rail against.
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