Title















Site Registration | FInd a Copy | Event Calendar | Site Map | Search the Site
The Voice of the Black Community
Post Best Banquet

State & National

Watt sworn in as mortgage chief
Charlotte Democrat takes over at FHFA
 
Published Tuesday, January 7, 2014 6:05 am
by The Associated Press

WASHINGTON — North Carolina Rep. Mel Watt has been sworn in to lead the Federal Housing Finance Agency.

Vice President Joe Biden presided over a ceremonial swearing-in on Monday on the White House grounds. Transportation Secretary Anthony and former Charlotte mayor Foxx officially swore in Watt earlier in the day.

Watt, a Charlotte native, represented North Carolina's 12th Congressional District in the House but is stepping down to take over as a top housing regulator.

The Democrat was confirmed by the Senate in December after being in limbo since President Barack Obama nominated him in May. Republicans said he's not qualified, while Democrats said the 21-year House veteran has the needed experience.

Filibuster changes that Senate Democrats made late last year lowered the voting threshold for Watt and others to be confirmed.

 

Comments

Leave a Comment


Send this page to a friend

Upcoming Events

read all
21

Alien Worlds & Androids At Discovery Place©

Looking for space exploration? Don’t miss

21

Serpents of the Seas Exhibit

A new, limited-time exhibit opens at Sea Life

21

William Shakespeare’s 'Measure for Measure'

Step aside, Shaft. Get down, Foxy Brown. Here

Latest News

read all

NC begins drafting fracking rules

State lifts moratorium on drilling

Attorney general: I understand mistrust of law enforcement

Eric Holder empathizes with African-Americans

High school football is raring to go

Everyone’s got aspirations – and a chance