In North Carolina, tornados spun off Hurricane Dorian, causing damage; The Treasury Department in a report suggested restructuring Freddie Mac and Fannie Mae; New York’s attorney general launches an anti-trust probe into Facebook; And in Hong Kong, citizens continue to protest over a controversial extradition bill.
Fannie Mae and Freddie Mac, the two government-backed housing corporations bailed out seven years ago by federal taxpayers, may be headed for trouble again.