WASHINGTON — Treasury Secretary-designate Steven Mnuchin said he will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet that Fannie Mae and Freddie Mac will be recapitalized and released from government control.

According to disclosures made public by the U.S. Office of Government Ethics on Wednesday, Mnuchin has an investment of between $500,000 to $1 million in a fund run by hedge fund manager John Paulson. That fund has reportedly bought shares of Fannie and Freddie, which have been in conservatorship, in the hopes the two government-sponsored enterprises will be released from government oversight and shareholders will reap benefits.

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