President Obama Expected To Nominate Rep. Mel Watt For Director Of The Federal Housing Finance Agency

Keywords

Representative Mel Watt, A Democrat from North Carolina and U.S.... News PhotoBarack Obama,Cabinet Member,Federal Housing Administration,Finance,Gesturing,Government,Horizontal,International Landmark,Melvin Watt,Nomination,Nominee,North America,North Carolina - US State,Occupation,One Person,People,Politics,Portrait,The Americas,US President,USA,Washington DC,White House - Washington DC,White House State Dining RoomPhotographer Collection: Bloomberg 2013 BloombergRepresentative Mel Watt, A Democrat from North Carolina and U.S. President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), gestures as Obama, not pictured, makes the announcement in the State Dining Room of the White House in Washington, D.C., U.S. on Wednesday, May 1, 2013. Obama nominated Watt to be director of the Federal Housing Finance Agency after months of political pressure from consumer advocates to find a new overseer for Fannie Mae and Freddie Mac. Photographer: Andrew Harrer/Bloomberg via Getty Images