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Trump administration unveils Fannie, Freddie overhaul, urges Congress to act

Trump administration unveils Fannie, Freddie overhaul, urges Congress to act

The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae and Freddie Mac, while calling on Congress to pen a comprehensive housing reform that would allow them to be safely freed from government control.