Billionaire investor to Trump: Launch 'the biggest infrastructure program of all time now'
Billionaire investor Bill Ackman, the CEO of hedge fund firm Pershing Square Capital, is now calling on President Trump to unleash a massive infrastructure program to bolster the U.S. economy that's reeling from COVID-19.
The high-profile activist investor, known for picking up large stakes in publicly traded companies and pushing for changes from management, asserted that Trump would get bipartisan support on this issue. This isn't the first time Ackman has suggested Trump tackle the country's infrastructure problem. Speaking at the 2017 SALT Conference, he suggested that one way to help Trump turn around his presidency is to launch"the most significant infrastructure program" and spend every dollar incredibly carefully.
On March 18, Ackman made waves when he took to his dormant Twitter account to call for Trump to shut down the U.S. for several weeks. Ackman said the government should offer a"30-day rent, interest and tax holiday for all" as COVID-19 infections wreak havoc on the economy.
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