Updated

Shares of Fannie Mae and Freddie Mac rallied on November 3, 2026, as Bill Ackman argued that the midterm elections could be a turning point for releasing the two government-sponsored enterprises from government control, CNBC Top News reported. The companies have been under federal conservatorship since 2008. The report did not give the size of the share moves or any timeline or specific steps for an exit from conservatorship.