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Turmoil On Wall Street Over Housing Rescue Plan

The Federal Reserve and Treasury Department took unprecedented steps over the weekend to boost confidence in mortgage giants Fannie Mae and Freddie Mac. Among other things, they increased a government line of credit available to either company.

Deborah Amos talks with David Wessel of The Wall Street Journal the reaction to the rescue plan on Wall Street.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

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