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Thursday, September 28, 2023

Volcker Suggests Ways to Refine Bank Regulations

The former Fed chief called for the end of Fannie Mae and Freddie Mac as hybrid public-private enterprises, saying that Washington should assist borrowers through “clearly designated” agencies.

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The former Fed chief called for the end of Fannie Mae and Freddie Mac as hybrid public-private enterprises, saying that Washington should assist borrowers through “clearly designated” agencies.

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