Treasury official pours cold water on 50-year-mortgage proposal

A Treasury Department official signaled Thursday that President Trump's 50-year mortgage proposal is unlikely to address affordability, an issue at the top of U.S. voters' minds after last week's elections. Joe Lavorgna, a counselor to Treasury Secretary Scott Bessent, was asked during an appearance on NewsNation's "The Hill" whether he thought the proposal was a...

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