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Trump Admin Eyes Housing Fix as Billionaire Bill Ackman Drops New Fannie–Freddie Proposal
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Trump Admin Eyes Housing Fix as Billionaire Bill Ackman Drops New Fannie–Freddie Proposal

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Billionaire hedge fund manager Bill Ackman said he will introduce a new proposal next week involving Fannie Mae and Freddie Mac, the mortgage-finance companies that have remained under federal conservatorship since the 2008 financial crisis.

Ackman announced on X that the plan would allow the Trump administration “to achieve all of its objectives of maximizing value for taxpayers, eliminating the risk of mortgage spreads widening, and enabling the U.S. Treasury to demonstrate a mark-to-market value for its shareholdings in the two companies.”

He said the livestream detailing the proposal is scheduled for Tuesday, Nov. 18 at 10:30 a.m. ET.

According to Ackman, the transaction could be completed before the end of the year, “meeting the expectations of all stakeholders.”

Ackman also addressed speculation surrounding his firm’s holdings in the companies.

He said Pershing Square “has not sold our stake in the two companies” and continues to be the largest common shareholder in both, with more than 210 million shares combined.

Earlier in the year, Ackman suggested merging Fannie Mae and Freddie Mac into a single entity in an effort to reduce costs and lower mortgage rates.

At the time, he said such a move could streamline the housing-finance system and increase value for existing shareholders.

Fannie Mae and Freddie Mac play a central role in the U.S. housing-finance structure.

Instead of issuing home loans directly, they purchase mortgages from banks and lenders, package those loans into securities, and guarantee those securities for investors.

The process provides lenders with a steady source of cash for issuing new loans, which keeps mortgage credit available and rates relatively consistent across the country.

Fannie Mae was established in 1938 during the New Deal to broaden access to homeownership by creating a secondary mortgage market.

Freddie Mac was created roughly 30 years later to increase competition and provide additional liquidity in that market.

Together, the two institutions own or guarantee about half of all U.S. residential mortgages, representing approximately $12 trillion in outstanding debt.

Their scale made them major participants in the 2008 financial crisis, when both absorbed significant losses tied to declining loan quality.

In response, the federal government placed them under conservatorship through the Federal Housing Finance Agency, where they continue to operate.

Ackman’s announcement comes as the Trump administration considers new measures aimed at increasing housing affordability, including a proposed 50-year mortgage.

MAGA or Marxism?: ‘Freedom is Going to Fight, Urban Right is Gonna Come Back’ Posobiec
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MAGA or Marxism?: ‘Freedom is Going to Fight, Urban Right is Gonna Come Back’ Posobiec

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Human Events Daily host Jack Posobiec appeared on Fox & Friends Sunday morning to discuss the viral “Freedom” t-shirt distribution outside Madison Square Garden and the response he saw from UFC fans ahead of Saturday night’s UFC 322 card.

Posobiec said the effort was intended to bring a positive message during a period marked by national tension and rising political violence.

“There’s been so much negativity in the last couple of months with violence, not just what happened to Charlie, but I think violence in our whole country. There’s been upheaval. And we tried to come out there last night to do something that would highlight something positive, something good to show that there’s still goodness in the world, to show that there’s still, there’s still a chance for redemption, even in many cases,” Posobiec said.

According to Posobiec, the group brought 3,000 shirts to the venue with no clear expectation of how many fans would take them.

“And so look, we had 3000 shirts. We had no idea if that was, you know, people would want them. If we could even get 3000 up, we got handed out all 3000 in just one hour. We ran out. We completely ran out.”

One of the Fox & Friends hosts asked Posobiec why he chose New York City—now led by newly elected socialist mayor Zohran Mamdani—for an event centered on patriotism and conservative activism.

“Talk to me about the fact that you chose to come to one of, if not the most progressive liberal left cities in the country, just elected a socialist mayor. And yet you came in here,” he was asked.

“Well, look, here’s what it is, right? We’re either going to MAGA or we’re going to get Marxism,” Posobiec said.

He added that Charlie Kirk often spoke about “[freedom] and New York City at the same time,” noting the symbolism of hosting the event in a city with landmarks tied to American history.

“Look, there’s the Freedom Tower here. There’s obviously the 9/11 history. And we came in because we said, freedom is not going to go away. Freedom is going to fight. That’s what Charlie Kirk stood for. New York City is America’s most iconic city. And I say this as a Philly guy, that it is the greatest city in America. It just is, right? Sorry. Sorry, dad. But great history, great history. Talk about freedom, talk about America, but freedom is going to fight.”

During the handout outside Madison Square Garden, a man who had been speaking with Posobiec suddenly collapsed from what appeared to be a seizure or overdose.

Posobiec carried him down the steps and checked his pulse while awaiting first responders.

Posobiec, Benny Johnson, and members of Turning Point USA distributed thousands of “Freedom – Charlie Kirk” shirts ahead of the event.

Videos posted across X showed long lines of fans taking shirts, with many putting them on before entering the arena.

Posobiec wrote, “THE T SHIRTS ARE FREE BUT FREEDOM IS NOT!”

He also said in a statement, “We’re out here tonight standing with the people of the UFC, some of the best Americans, and we we’re keeping the legacy of Charlie Kirk going strong.”

As he continued handing out shirts, he added, “Do it for Charlie.”

Johnson posted a photo of a large crowd wearing the shirts and said the group was “taking over” Madison Square Garden.

After the final box was emptied, Posobiec posted a video saying: “We gave out 3000 in one hour in the heart of NYC. Freedom doesn’t quit. Freedom fights.”

MTG Goes on CNN, Apologizes to the Radical Left While Clashing With Trump
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MTG Goes on CNN, Apologizes to the Radical Left While Clashing With Trump

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Rep. Marjorie Taylor Greene appeared on CNN on Sunday, offering an apology for what she described as her role in “toxic politics” and calling for Americans to “be kind to one another,” even as tensions between her and President Donald Trump continued to escalate.

During the interview with host Dana Bash, Greene addressed her past rhetoric and said she regretted contributing to political hostility.

“I would like to say humbly that I’m sorry for taking part in the toxic politics; it is very bad for our country,” she said.

She referenced the killing of Charlie Kirk while discussing her reassessment of political discourse.

“Um, it’s been something that I’ve thought about a lot, especially since Charlie Kirk was assassinated. I’m only responsible for my own words and actions. I’ve been working on this a lot lately, to put down the knives in politics. I really just want to see people be kind to one another. And we need to figure out a new path forward that is focused on the American people…We have far more in common than we have differences.”


Her comments followed remarks made the previous day in which she suggested that President Trump was contributing to threats against her.

“I am now being contacted by private security firms with warnings for my safety as a hotbed of threats against me is being fueled and egged on by the most powerful man in the world,” she wrote on X.

She said the situation involved “the man I supported and helped get elected.”

Greene wrote that “aggressive rhetoric attacking me has historically led to death threats and multiple convictions of men who were radicalized by the same type rhetoric being directed at me right now,” adding, “This time by the President of the United States.”

She also wrote, “As a woman, I take threats from men seriously. I now have a small understanding of the fear and pressure the women, who are victims of Jeffrey Epstein and his cabal, must feel.”

On Friday evening, President Trump announced on Truth Social that he was withdrawing his endorsement of Greene.

“I am withdrawing my support and Endorsement of ‘Congresswoman’ Marjorie Taylor Greene, of the Great State of Georgia,” he wrote.

Trump said he was frustrated with Greene’s complaints and said the conflict intensified after he sent her a poll indicating that she should not run for senator or governor.

Greene responded to the announcement hours later, saying she believed his decision was tied to disputes over the release of the Epstein files.

She said she found it “astonishing” that Trump was attempting to “stop the Epstein files” from being released while, in her view, overlooking issues she said were priorities for Americans.

Greene joined the House of Representatives in 2021 and has been a vocal supporter of President Trump throughout her tenure.

The recent exchange marks one of the most public breaks between the two since she entered national office.

The CNN appearance was Greene’s first extended interview following Trump’s withdrawal of support.

During the discussion, she emphasized repeated calls for a new approach to political discourse and said she hopes the country can move toward a less confrontational climate.

Jets Cornerback Gunned Down Near Times Square as NYC Crime Crisis Continues
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Jets Cornerback Gunned Down Near Times Square as NYC Crime Crisis Continues

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New York Jets cornerback Kris Boyd was shot and critically wounded in Midtown early Sunday morning and is now hospitalized at Bellevue Hospital, according to police and team officials.

The shooting occurred on West 38th Street near Seventh Avenue shortly after 2 a.m.

Police did not identify the victim at the scene, but sources told The Post that the injured man was the 29-year-old NFL cornerback.

The Jets later confirmed Boyd was involved in the incident. “We are aware of the situation involving Kris Boyd and will have no further comment at this time,” a team representative said.

Law enforcement sources said Boyd was shot in the abdomen outside the Sei Less restaurant after a dispute escalated.

The sources said two shots were fired during the confrontation.

According to those familiar with the incident, Boyd had been standing with a group of friends outside the restaurant when the dispute broke out.

It remains unclear whether he was the intended target.

The shooter fled the scene in a BMW X6 SUV, the sources said.

Witnesses at the scene were reportedly uncooperative with investigators.

A second vehicle, described as a silver Mercedes-Benz Maybach, also left the scene after the shooting, according to the same sources.

Photos taken after the shooting show a Rhino GX, a high-end armored SUV manufactured by US Specialty Vehicles, parked outside the restaurant following the police response.

The vehicle, which can sell for up to $300,000, was seen positioned near where investigators gathered evidence.

According to sources, Boyd drifted in and out of consciousness before being rushed to Bellevue Hospital.

He is listed in critical but stable condition.

Police said no arrests have been made, and the investigation remains ongoing.

Sei Less, the restaurant outside which the shooting occurred, is an Asian-fusion establishment known for attracting celebrities, including well-known figures in the hip-hop and music industries.

Club founder Dara Mirjahangiry said on Good Morning America that rapper Sean Diddy Combs once bought drinks for everyone during a previous visit.

Boyd, a 5-foot-11 defensive back, joined the Jets earlier this year.

He entered the NFL with the Minnesota Vikings before the 2019 season and has also spent time with the Arizona Cardinals and the Houston Texans.

He is currently on the injured reserve list for the Jets after suffering a shoulder injury during pre-season practice, and he has not played this season.

The Jets did not have a game scheduled on Sunday after their loss to the New England Patriots on Thursday night.

According to salary data from the sports tracking site Spotrac.com, Boyd has earned more than $8 million over the course of his NFL career.

He signed a $1.6 million contract with the Jets for the current season.

Scott Bessent Says Supreme Court Won’t Dare Strike Down Trump’s Tariffs
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Scott Bessent Says Supreme Court Won’t Dare Strike Down Trump’s Tariffs

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Treasury Secretary Scott Bessent said on Sunday that he believes the Supreme Court will ultimately uphold President Donald Trump’s authority to issue tariffs under the International Emergency Economic Powers Act (IEEPA).

Appearing on “Sunday Morning Futures With Maria Bartiromo,” Bessent said the Court has historically avoided striking down what he described as a president’s “signature” policy tools.

The case before the Supreme Court centers on whether Trump can continue using IEEPA to impose tariffs on foreign nations after declaring a national emergency.

Bartiromo asked Bessent whether the administration had prepared a contingency plan or whether it would need to “pay back $200 billion in tariff revenue already collected” if the Court ruled against the President.

“I want to say this in the strongest possible terms: I think there are three points here. One, this is one of President Trump’s signature policies and traditionally the Supreme Court does not interfere with a president’s signature policy,” Bessent said.

“Two, this is an emergency authority which is IEEPA. President Trump has successfully used that,” he continued.

“On the rare earth problem he threatened substantial tariffs on China, and that made the rare earths flow.”

Bessent cited several examples in which tariff threats helped advance administration objectives.

He noted instances where Trump raised the possibility of tariffs on goods produced in countries involved in peace negotiations. According to Bessent, that pressure “got us to the peace deal.”

He also pointed to efforts to curb fentanyl trafficking.

“We had fentanyl tariffs. And what is more of an emergency than hundreds of thousands of Americans dying every year? No one had been able to get the Chinese to the table with these precursor drugs,” he said.

Bessent then questioned how the Supreme Court might handle the economic consequences if it were to reject Trump’s tariff authority.

“Three: I would push this back on to the Supreme Court. I don’t think this ruling is going to go against us, but if it does, what’s their plan for refunds? How is this going to get to consumers? Are they just going to hand some of these importers a big windfall?” he said.

“What if the exporters had given big discounts already and then you’re going to give a refund on the tariffs? They’d be making it on both sides. So, I don’t think the Supreme Court wants to wade into a mess like that.”

During oral arguments on Nov. 5, multiple justices signaled skepticism about the scope of the President’s authority under IEEPA. Chief Justice John Roberts questioned whether the law could be interpreted to permit tariffs of any kind.

“Congress uses tariffs in other provisions, but not here,” Roberts said.

“And yet the justification is being used for a power to impose tariffs on any product, from any country, in any amount, for any length of time. That does seem like its major authority.”

Justice Brett Kavanaugh asked why Congress would grant broad power to restrict trade but not specifically authorize even a minor tariff.

“Why would a rational Congress say, ‘Yeah, we’re going to give the president the power to shut down trade … but can’t do a 1% tariff?’” he asked.


IEEPA, signed by President Jimmy Carter in 1977, grants presidents wide authority to regulate international commerce during national emergencies.

The statute does not explicitly address tariffs. Trump made use of the law throughout his second term, applying or threatening tariffs in multiple contexts.

During the 43-day government shutdown, the Senate passed bipartisan resolutions to end three national emergencies Trump had declared for tariffs placed on Brazil and Canada, as well as his broader reciprocal tariff initiative.

In each vote, a small group of Republicans, including Kentucky Sens. Rand Paul and Mitch McConnell, joined Senate Democrats to block the tariff actions.

Trump Blasts Indiana ‘RINOs’ for Blocking Redistricting and Risking GOP House Majority
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Trump Blasts Indiana ‘RINOs’ for Blocking Redistricting and Risking GOP House Majority

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President Donald Trump publicly criticized two Indiana Republican lawmakers over their refusal to move forward with a redistricting vote ahead of next year’s midterm elections.

His remarks focused on Indiana Senate President Pro Tem Rodric Bray and state Sen. Greg Goode, following an announcement earlier in the week that the chamber would not reconvene in December to consider new congressional maps.

As reported by RedState, Bray said the Indiana Senate, which is controlled by Republicans, would not return to session next month to take up the issue.

Trump responded on his Truth Social account, writing, “Very disappointed in Indiana State Senate Republicans, led by RINO Senators Rod Bray and Greg Goode, for not wanting to redistrict their State, allowing the United States Congress to perhaps gain two more Republican seats.”

Trump said the decision could have national implications for the balance of power in the House of Representatives.

“Because of these two politically correct type ‘gentlemen,’ and a few others, they could be depriving Republicans of a Majority in the House,” he said.

He described the matter as “a very big deal!” and noted ongoing efforts by Democrats in other states.

“California is trying to pick up five seats, and no one is complaining about that,” he wrote.

“It’s weak ‘Republicans’ that cause our Country such problems — It’s why we have crazy Policies and Ideas that are so bad for America.”

Trump also addressed Indiana Governor Mike Braun, whom he called a friend, and said Braun should be pushing for a vote.

“Braun, perhaps, is not working the way he should to get the necessary votes,” the President wrote.

He added that Republicans opposed to redistricting “should be primaried.”

Braun released a statement expressing his position on the issue. “I called for our legislators to convene to ensure Hoosiers’ voices in Washington, D.C., are not diluted by the Democrats’ gerrymandering,” he said.

“Our state senators need to do the right thing and show up to vote for fair maps. Hoosiers deserve to know where their elected officials stand on important issues.”

Trump said Bray and Goode should align with voters in Indiana, noting his margin of victory in the state.

He warned that additional Republicans who oppose the redistricting effort would be identified publicly. In a statement written in all capital letters, Trump said the lawmakers “should do their job, and do it now,” adding, “If not, let’s get them out of office, ASAP.”

Several Trump supporters reacted on social media.

Trump advisor Alex Brueswitz said the decision represented “a monumental betrayal” and wrote, “Spineless RINO ‘legislators’ have sabotaged and buried Republicans’ vital redistricting push. And they are letting Gavin Newsom & left-wing Democrats get closer to stealing the House.”

Goode responded to criticism in a post on X.

“For those trying to bully me on redistricting, I love you,” he wrote.

“I pray to our Lord and Savior for wisdom and reflect on political heroes who stood up for the greater good above the politics of the day.”

Democratic Socialist Launches Bid to Unseat Mayor Karen Bass in Los Angeles
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Democratic Socialist Launches Bid to Unseat Mayor Karen Bass in Los Angeles

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Democratic socialist candidate Rae Huang has launched a campaign for mayor of Los Angeles, setting up a challenge to Democratic incumbent Karen Bass. Huang announced her candidacy Saturday in a statement posted to her Instagram account.

“I am excited and very humbled to announce that I am running for Mayor of Los Angeles, the second largest city in our nation,” Huang wrote.

She said she has spent more than two decades pursuing “social justice work and organizing” and stated that her decision to run stems from her desire “to finally see through the changes the LA social justice movement and I have been building for years.”

Huang, 43, is a community organizer and member of the Democratic Socialists of America.

She said her campaign will focus on universal housing, free transportation, climate resiliency and affordability.

The issues she highlighted resemble those emphasized during the initial campaign of New York City Mayor-elect Zohran Mamdani.

Huang wrote that a central part of her effort will be to challenge what she describes as the establishment.

“Over the past decade, I have worked with Los Angeles organizers and neighbors on solutions for our city. Now it’s time we implement them. I will be running against establishment and the billionaire class and will not be accepting any money from corporations,” she stated.

In an interview with The Los Angeles Times, Huang did not directly compare herself to Mamdani but said she hopes to earn the endorsement of the local DSA chapter, which celebrated Mamdani’s recent election victory.

Huang also criticized Bass’ leadership on homelessness and the response to political violence during the summer months.

She described her own campaign as a “moment for change.”

“We are in a place in our country and in our political environment where folks feel stuck and afraid,” Huang said.

“They feel like nothing is going to change, and the things that are changing are making things even worse.”

Bass spokesperson Doug Herman responded to the announcement in a statement to Fox News Digital, defending the mayor’s record.

“Under Mayor Bass’s leadership, there has been unprecedented progress on the issues that matter most to Angelenos,” Herman said.

He noted that “homelessness has declined for the first time in two consecutive years,” and stated that crime has seen “significant drops.”

Herman also referenced the ongoing Palisades fire recovery effort, saying it continues “far ahead of pace with the fastest recovery and rebuilding in California history.”

Herman added that Bass had taken a strong stance against enforcement actions carried out by federal immigration authorities.

“In addition, there was no better defender of Los Angeles than Mayor Karen Bass when Trump’s ICE raids started and we won a court ruling to help stop the illegal raids and unconstitutional arrests. That’s what we need to move Los Angeles forward,” he said.

Huang’s candidacy comes during a period in which progressive candidates have mounted challenges against Democratic incumbents in multiple cities.

Last week, progressive activist Katie Wilson defeated Seattle Democratic Mayor Bruce Harrell.

Similar to Mamdani, Wilson campaigned on government-backed grocery stores, increased taxes on wealthy residents, and expanded affordable housing programs.

Trump Flips the Entire Script on Democrats’ Push to Release the Epstein Files
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Trump Flips the Entire Script on Democrats’ Push to Release the Epstein Files

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President Trump said Sunday that House Republicans should vote to release the Epstein files as Congress prepares to consider legislation requiring the Justice Department to make the documents public.

In a post on Truth Social, Trump wrote, “House Republicans should vote to release the Epstein files, because we have nothing to hide.”

The House is expected to vote this week on a proposal directing the Justice Department to release the files. Rep. Thomas Massie (R-Ky.) said he believes “100 or more” Republicans could support the measure. It is not yet clear whether the Senate would take up the legislation.

The renewed focus on the documents follows a series of releases involving emails connected to Jeffrey Epstein.

Democrats initially circulated selected emails they believed would harm Trump politically.

House Republicans then made more than 20,000 additional emails public, and several of the messages contradicted claims that Trump and Epstein maintained a close relationship.

In a February 2017 message to former Treasury Secretary Larry Summers, Epstein wrote that he had “met some very bad people,” but “none as bad as trump.”

In another exchange with Kathryn Ruemmler, who served as White House counsel under President Barack Obama, Epstein wrote that Trump was “worse in real life and upclose” after Ruemmler had sent a text calling Trump “so gross.”

Other emails showed Epstein discussing blackmailing Trump with author Michael Wolff.

Additional correspondence indicated that Epstein communicated with Stacey Plaskett, the delegate from the U.S. Virgin Islands, during Michael Cohen’s 2019 congressional testimony.

The messages appeared to show Epstein offering her advice during the hearing.

Following the release of the emails by House Republicans, Democrats opposed an effort last week to make the Epstein files public.

Trump said in his Truth Social post that the Justice Department has already provided significant material.

“The Department of Justice has already turned over tens of thousands of pages to the Public on ‘Epstein,’ are looking at various Democrat operatives (Bill Clinton, Reid Hoffman, Larry Summers, etc.) and their relationship to Epstein, and the House Oversight Committee can have whatever they are legally entitled to, I DON’T CARE!,” Trump wrote. He added that he wanted Republicans to get “BACK ON POINT.”

The House vote scheduled for this week will determine whether the broader set of Epstein-related documents will be released to the public.

Girl Dads in Maine Mobilize to Block Transgender Athletes from Girls’ Sports
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Girl Dads in Maine Mobilize to Block Transgender Athletes from Girls’ Sports

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A group of fathers in Maine is continuing its effort to advance a statewide initiative that would bar transgender athletes from participating in girls’ sports.

Members of the organization Maine Girl Dads held a drive-thru signature event in Brunswick on Saturday to support the proposal, according to WMTW.

The event allowed supporters to quickly sign the petition from their vehicles. Organizers with Protect Girls’ Sports in Maine also took part in the effort, the report said.

The petition seeks to place the measure, titled “An Act to Designate School Sports Participation and Facilities by Sex,” before voters in November 2026.

WMTW reported that the group needs 68,000 signatures by February for the initiative to qualify for the ballot.

A video posted Thursday by a member of Maine Girl Dads said the campaign was “going amazing,” noting the group had already collected more than 60,000 signatures.

According to the WMTW report, the referendum would require schools to designate sports teams, bathrooms, and locker rooms by gender: male, female, or co-ed.

The debate over transgender athletes’ participation in girls’ sports has spread across the country, with female athletes in various states facing decisions about competing against biological males.

The issue has also led to disputes between state officials and the federal government.

In February, President Donald Trump had a heated exchange with Gov. Janet Mills (D-ME) over her refusal to comply with his executive order regarding the protection of women’s sports.

“You better comply because otherwise you’re not getting any federal funding,” he told her, according to reporting at the time.

U.S. Attorney General Pam Bondi later announced a lawsuit against the state of Maine related to transgender sports policies.

The complaint stated, “By prioritizing gender identity over biological reality, Maine’s policies deprive girl athletes of fair competition, deny them equal athletic opportunities, and expose them to heightened risks of physical injury and physiological harm.”

The debate drew further attention in October when three activists stripped to their underwear during a school board meeting in Maine to protest the district’s policy allowing transgender athletes to participate in female sports and use related facilities, according to Breitbart News.

Maine Girl Dads describes itself as a coalition dedicated to reinforcing sex-based distinctions in schools and athletic programs.

According to the group’s website, it “is a coalition of dads (8,000 of us and counting) that have banded together over a common cause — to protect the dignity, opportunity, and privacy of our daughters.

Simply put, we want districts across Maine to re-institute sex-based policies in school & sport. No more males in female spaces nor sports.”


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