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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "William Ackman",
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      "text": "We believe the new administration will work with Congress to successfully reform Fannie and Freddie (cont.)",
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      "text": "For very long periods of time, I think that Fannie and Freddie have been well run without creating risk to the government, as well as they've played an important role... I believe these are very important entities to provide the necessary liquidity for housing finance and what I've committed to is that I will work with both of the Democrats and Republicans. What I've said and I believe, we need housing finance reform, so we shouldn't just leave Fannie and Freddie as is for the next 4 or 8 years under government control, without a fix. I believe we can find a bipartisan fix for these so on the one hand we don't end up with a giant bailout, on the other hand that we don't run the risk of completely limiting housing finance.",
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      "text": "“For very long periods of time, I think that Fannie and Freddie have been well run without creating risk to the government, as well as they’ve played an important role... I believe these are very important entities to provide the necessary liquidity for housing finance and what I’ve committed to is that I will work with both of the Democrats and Republicans. What I’ve said and I believe, we need housing finance reform, so we shouldn’t just leave Fannie and Freddie as is for the next 4 or 8 years under government control, without a fix. I believe we can find a bipartisan fix for these so on the one hand we don’t end up with a giant bailout, on the other hand that we don’t run the risk of completely limiting housing finance.” — US Treasury Secretary Steve Mnuchin on Jan. 19, 2017",
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      "text": "FNMA and FMCC: Secretary Mnuchin Comments",
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