Tuesday on CNBC’s “Squawk Box,” Pershing Square Capital Management CEO Bill Ackman said President Donald Trump has been the best for businesses during his tenure.

Ackman said, “Yeah. I would say there’s a lot of positive. Let me be optimistic for a moment. I’m negative on New York if he’s elected, but I’m positive on the country. You know, clearly we have the most pro-business president we’ve had in a very long time. And we also have a lot of, you know, very significant, things that have been announced, but but the effects have not yet really taken effect.”

He continued, “So one infrastructure bill from the past, we have the more recent tax bill, which gives 100% depreciation. For investment, we have this massive I, you know, infrastructure investment that’s like building the railroads,

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