Federal Housing Finance Agency

Local News
4:40 pm
Tue December 10, 2013

Congressman Watt's Nomination Clears Key Hurdle

Credit Tasnim Shamma

The nomination of North Carolina congressman Mel Watt to head the Federal Housing Finance Agency cleared a key procedural hurdle Tuesday.

The U.S. Senate voted 57-40 to break Republican opposition to Watt’s nomination. Democrats were able to move the nomination forward thanks to a change in Senate rules that Democrats pushed through last month in response to numerous blocked nominations.  

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Local News
4:35 pm
Thu June 27, 2013

Watt Faces Senate Skeptics, Confirmation Unclear

Charlotte Congressman Mel Watt speaks at a senate hearing in Washington on Thursday. He's been nominated to lead the Federal Housing Finance Agency.

Charlotte Congressman Mel Watt's path to become the next head of the agency that oversees mortgage finance remains unclear after his senate confirmation hearing in Washington on Thursday.

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