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Housing Help, Iran Chaos, and Immigration Trouble for Trump
White House plans to allow 401(k) withdrawals for home down payments: The Trump administration is preparing a proposal that would let Americans tap their 401(k) retirement accounts without penalty to fund home down payments. The plan, expected to be unveiled at the World Economic Forum in Davos, could give first-time buyers a boost, though details are still being finalized. Kevin Hassett likely staying close to the White House, not the Fed: Despite speculation that Kevin Hassett could be headed for the Federal Reserve, signals from the president suggest Hassett will remain a trusted economic…
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