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A Treasury Department official signaled Thursday that President Trump’s 50-year mortgage proposal is unlikely to address affordability , an issue at the top of U.S. voters’ minds after last week’s elections .

Joe Lavorgna, a counselor to Treasury Secretary Scott Bessent, was asked during an appearance on NewsNation’s “The Hill” whether he thought the proposal was a good idea.

“The Treasury Department is looking at all sorts of factors,” Lavorgna told host Blake Burman. “That was one proposal. The feedback has been such that probably — and it did not come from Treasury — but probably not an optimal approach.”

He added t

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