JPMorgan Chase & Co. has agreed to pay $5.1 billion to settle claims with the Federal Housing Finance Agency related to its mortgage-backed securities and home loans sold to Freddie Mac and Fannie Mae. The settlement resolves part of a $13 billion deal New York-based JPMorgan (NYSE: JPM) is negotiating with the government and the firm’s largest mortgage-backed securities case.
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Layoffs begin at the IRS, as DOGE cuts collide with tax season
By Axios The IRS started laying off employees on Thursday, just as tax season kicks into high gear. Why it matters: The terminations, reportedly of 6,000 relatively new workers at