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power moves
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Fannie and Freddie Shares Tank as Doubt Swirls About Trump Plans
What happened
Shares of Fannie Mae and Freddie Mac, down about 70% in the last six months, hit their lowest level in more than a year as investors cast doubt on the japan-meeting.html" class="story-link" title="Trump hasn’t ruled out a draft for war with Iran — but is conscription constitut">Trump administration’s efforts to sell more stock in the mortgage-finance giants to the public.
Why people care
Reported by Bloomberg.
Sources
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