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The clock is ticking towards July 4—the date President Trump insists he wants to sign the Republicans’ big tax and budget cutting bill. The House passed its version of the “One Big Beautiful Bill Act” (OBBBA) last month and Senate Republicans are hashing out their version now, with a vote possible at the end of the week. But the two Houses must pass the exact same legislation before it can head to Trump’s desk. OBBBA proposes tax and policy changes that could significantly impact how people and businesses plan, invest and grow—and importantly, it’s considered the signature legislation of Trump’s…

In a seismic shift for U.S. housing policy, the Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac to find ways to treat cryptocurrency as a legitimate reserve asset in mortgage risk assessments. Signed June 25, 2025, by FHFA Director William J. Pulte, the order means that bitcoin, and a short list of compliant crypto holdings, could soon help borrowers qualify for conventional home loans without converting their assets into dollars. Pulte made the announcement on X, saying he has “ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset…

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