US EditionTrump Is Getting Creative to Bypass Congress
3 Articles
3 Articles
Trump Is Getting Creative to Bypass Congress
"President Trump wants to spend. He also wants, where possible, to avoid congressional interference and bigger deficits. Enter the balance sheet," Axios reports."The president is going through the couch cushions of government — $200 billion from Fannie Mae and Freddie Mac for mortgage bonds, $
Jittery investors fear Trump threatens doom with 'questionable' spending spree
President Donald Trump's unchecked spending spree has investors concerned, according to a report Monday.The president is shaking loose cash to advance his policy priorities — whether it's taking $200 billion from Fannie Mae and Freddie Mac to pay for mortgage bonds or scrounging $20 billion from a T...
According to preliminary news, US President Donald Trump has ordered mortgage lenders Freddie Mac and Fannie Mae to buy a total of $200 billion worth of mortgage bonds, which analysts say raises serious doubts about the prospects of the planned privatization of the two state-supervised financial institutions.
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