Chris Arnold NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered and Weekend Edition.

Had it gone into effect Friday, a Federal Housing Administration fee cut would have reduced the cost of borrowing for about 1 million Americans a year. Justin Sullivan/Getty Images hide caption

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Justin Sullivan/Getty Images

One Of Trump's First Orders Means Home Loan Fees Won't Go Down

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Dow Jones Closes Above 20,000 Points For First Time Ever

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The Food and Drug Administration headquarters in Silver Spring, Md. The FDA is one of a number of federal agencies with wide-ranging regulatory power intended to protect Americans. Andrew Harnik/AP hide caption

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Andrew Harnik/AP

President Trump To Cut Regulations By '75 Percent' — How Real Is That?

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Billionaire investor Wilbur Ross, Commerce Secretary nominee for U.S. President-elect Donald Trump, arrives Wednesday for his Senate confirmation hearing. Ross is warning America's trading partners to practice "fair trade" and cut state control over business if they want access to the world's biggest economy. T.J. Kirkpatrick/Bloomberg via Getty Images hide caption

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T.J. Kirkpatrick/Bloomberg via Getty Images

Ex-Democrat Wilbur Ross Makes Some Republicans Nervous At Confirmation Hearing

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A Closer Look At Trump's Pick To Head The Commerce Department

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Consumer Financial Protection Bureau Report Outlines Abuses By Debt Collectors

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Donald Trump has nominated Jay Clayton, a Wall Street lawyer, to head the Securities and Exchange Commission. Critics say it's another example of Trump packing his Cabinet with Wall Street insiders. Andrew Harnik/AP hide caption

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Andrew Harnik/AP

Can An SEC Nominee With Ties To Goldman Regulate Wall Street Impartially?

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Reports On Wells Fargo Whistleblowers Spark Inquiry In Congress

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Billionaire investor Wilbur Ross Jr., President-elect Donald Trump's pick for commerce secretary, is one of the wealthiest members of Trump's cabinet. Evan Vucci/AP hide caption

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Evan Vucci/AP

Wilbur Ross: The Best Commerce Secretary Pick Dems Could Hope For?

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Postelection Stock Market Rise Shocks Prominent Economists

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Federal Reserve Board Chair Janet Yellen told Congress on Thursday she didn't agree with President-elect Donald Trump's plans for more infrastructure spending and less banking regulation. Win McNamee/Getty Images hide caption

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Win McNamee/Getty Images

Donald Trump supporters cheer for him during a Nov. 4 campaign rally in Hershey, Pa. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

America's 'Forgotten' Hear Trump's Economic Battle Cry, But Will He Deliver?

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An image of President-elect Donald Trump appears Wednesday on a television screen on the floor of the New York Stock Exchange. Business leaders are taking a wait-and-see approach to his administration. Richard Drew/AP hide caption

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Richard Drew/AP

In Economy As In Business, Trumponomics May Mean Building Big Things

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Sen. Elizabeth Warren questions John Stumpf, then CEO of Wells Fargo, during a Senate Banking Committee hearing on Sept. 20. Pete Marovic/Bloomberg via Getty Images hide caption

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Pete Marovic/Bloomberg via Getty Images

Senators Investigate Reports Wells Fargo Punished Workers

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