Wednesday, September 27, 2023
Courthouse News Service
Wednesday, September 27, 2023 | Back issues
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Fannie Mae claims dismissed

HOUSTON — A federal judge in Texas dismissed Fannie Mae and Freddie Mac shareholders’ remaining claim, that the provisions that restricted former President Donald Trump from appointing a new Federal Housing Finance Agency administrator during his administration’s first two years, caused them to suffer a loss of return on their investments. The harm pleaded is speculative, not concrete.

Read the ruling here.

Categories / Briefs, Financial, Government, Securities

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