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5 in the Morning: 11 December 2019
5 in the Morning is a daily digest of interesting, relevant, and underreported news stories curated by Skylar Baker-Jordan.
Growing divide between Trump and McConnell over impeachment trial — CNN
Procedural issues are never sexy, so this has been lost in the endless coverage of the articles of impeachment, which House Democrats revealed today. Senate Majority Leader Mitch McConnell, eager to get the impeachment trial over as quickly and painlessly as possible, is butting heads with President Trump, who wants a dramatic spectacle in which everyone from Hunter Biden to the whistleblower are forced to testify live. With McConnell planning the trial for sometime in January, it’ll be interesting to see the tug-of-war between the Senate and the White House play out over the festive season.
Fannie Mae and Freddie Mac to reign in risky mortgages — Fox Business
Yesterday I talked about plans to privatize Fannie Mae and Freddie Mac, America’s government-backed mortgage companies. Today, Fox Business reports that Fannie and Freddie are beginning to tighten underwriting guidelines on high loan-to-value mortgages in a bid to make them more appealing to private investors. This is going to be a big story in 2020, and possibly a…
