Title















Site Registration | FInd a Copy | Event Calendar | Site Map
The Voice of the Black Community

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

Tbdress Men's Outerwears Up to 80% OFF, Buy Now!

Upcoming Events

read all
11

LIFESPAN Philanthropy Luncheon

Please join us as we raise funds and awareness to

11

Science Café: True Love @ Schiele Museum

Science Café is an entertaining and

11

Lupus Foundation Support Group – North Charlotte

This group provides participants with an

Latest News

read all

Davidson shoots past LaSalle 79-66

Wildcats nail 58 percent of shots in victory

Younger Ross goes her own way

Diana's daughter Rhonda joins mom at Belk Theater

Michelle Obama: Celebrate black history ‘every single day’

First lady lauds African American contributions