Watt Anticipates Nomination Hearing
A Senate confirmation battle appears to be brewing over President Obama's choice of North Carolina's 12th district congressman Mel Watt to head the Federal Housing Finance Agency. That's the office that oversees government-backed mortgage lenders Fannie Mae and Freddie Mac. Some Republicans are already opposing the President's choice. WFAE's Mark Rumsey spoke with Rep. Watt about the Administration job, and his confirmation prospects in the Senate.