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Treasury Official Decries Push to ‘Recap and Release’ Fannie Mae and Freddie Mac

In an editorial titled “How Not to Fix Fannie and Freddie,” Antonio Weiss, Counselor to the Treasury Secretary, called the push to recapitalize the GSEs and release them from the FHFA’s conservatorship “misguided.” Weiss claims that such a “recap and release” proposal, if executed, could raise the cost of mortgages and potentially expose American taxpayers to another bailout.

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