Trump Says He’ll Ban Big Investors From Buying Single-Family Homes

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  The U.S.

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  says it'll control Venezuelan oil sales indefinitely and seizes two more oil tankers at sea.

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  So the U.S.

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  isn't just going after Venezuelan oil,

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  it's going after all of those countries that rely on this dark fleet to carry its sanctioned oil.

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  Plus, why President Trump wants to ban institutional investors from buying homes.

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  And new dietary guidelines say you should probably be eating more protein.

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  It's Wednesday, January 7th.

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  I'm Alex O'Sullivan for The Wall Street Journal.

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  This is the PM edition of What's News,

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  the top headlines and business stories that move the world today.

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  It's a full day of news from the Trump administration.

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  First up,

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  we're reporting that the president says he'll be banning large investors from buying single family homes.

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  Wall Street firms and other institutional investors have bought up hundreds of thousands of homes in the U.S.

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  that they rent out.

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  That's a tiny slice of the overall housing market.

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  But some housing analysts say it leaves fewer homes for sale and drives up prices in some neighborhoods,

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  even as the country faces a lack of affordable housing.

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  The president asked Congress to codify a ban.

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