Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’

Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. Mike Blake | Reuters Bill Ackman’s Pershing Square revealed a sizable stake in Meta on Wednesday. “We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents…

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AG defends Trump, dodges on Epstein

Attorney General Pam Bondi on Wednesday responded to House Democrats’ heated questions about the Trump administration’s handling of the Jeffrey Epstein files by chastising them for ignoring stock market gains and other of President Donald Trump‘s political wins. “The Dow is over 50,000 right now,” Bondi said in sworn testimony before the House Judiciary Committee…

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House considers Trump SAVE Act voter-ID bill

The House will vote Wednesday afternoon on an election bill backed by President Donald Trump that would require proof of citizenship to register to vote and require photo identification at the ballot box.  The SAVE America Act, introduced by Rep. Chip Roy, R-Texas, has been the focus of a pressure campaign from the White House,…

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