Washington — The long-awaited Trump administration plan for freeing Fannie Mae and Freddie Mac from federal control has been sent to top officials at the White House and various government agencies, a sign that the report will soon be released publicly, according to people familiar with the matter.

A draft of the US treasury department report was sent to the White House staff secretary, the people said, who distributes information to senior officials. Originally expected to be made public as early as June, the report has faced delays as the administration began to grow wary of taking bold steps that could roil the housing market before the 2020 presidential election...

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