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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.
Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.
