Title















Site Registration | Find a Copy | Event Calendar | Site Map
The Voice of the Black Community
Delhaize Food Lion

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

Finance 50+ with AARP

Join AARP for a 3-part series designed to

27

PETTY: Building a Family Legacy Exhibit

The role of family has been synonymous with

27

The Creative Mind Alliance

It's that time again and Creative Mind Alliance

Latest News

read all

Now blind, Bill Cosby breaks silence on legacy, assault allegations

Comic says he misses performing

Post Foundation forum focuses on Opportuntiy Task Force report

Initiative's goals detailed by co-chair

NC Senate overrides Gov. Cooper veto of elections board bill

Partisan control split between elections