TribLIVE

| USWorld

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Quick OK pushed for mortgage boss

Email Newsletters

Click here to sign up for one of our email newsletters.

Daily Photo Galleries

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By McClatchy Newspapers
Monday, Oct. 28, 2013, 8:00 p.m.
 

WASHINGTON — Rep. Mel Watt, D-N.C., will receive a major test this week in his potential confirmation to lead the agency that oversees the quasi-government titans of mortgage finance, Fannie Mae and Freddie Mac.

Calling it a top White House priority, chief of staff Denis McDonough and other senior administration officials met with housing and financial industry leaders on Monday to ask for their assistance in pressing the Senate to quickly confirm the Charlotte congressman.

Watt was a controversial pick for the job. It's been almost six months since his nomination with little progress on confirmation.

Sen. Lindsey Graham, a South Carolina Republican, said on Fox News that he plans to hold up all Senate appointments until the administration answers more questions about the Benghazi attack in September 2012.

But Senate Majority Leader Harry Reid, D-Nev., filed a cloture motion to try to force a vote on Watt's nomination. Watt will receive a procedural test that requires 60 votes to proceed to a final vote.

Senate Banking Committee Chairman Tim Johnson, D-S.D., pledged his support for Watt after Reid filed for cloture.

But many Republicans oppose the nomination of the career politician.

Watt is a senior member of the House Financial Services Committee, but he has never worked in banking or finance.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Nation

  1. Clintons hauled in $139M in past 8 years
  2. Global lion population falling primarily because of loss of habitat, experts say
  3. Dusty Atlantic Ocean thwarts tropical storms
  4. El Niño helps, harms economies
  5. Baltimore slayings climb to level unseen in decades
  6. San Francisco’s Chinatown clings to roots amid tech boom
  7. Republicans seek firing of IRS chief in feud over missing emails
  8. Oklahoma earthquakes shut down wells
  9. New TSA administrator vows training to address security gaps
  10. OSU band song mocked Holocaust victims
  11. Christian college in Illinois to stop providing health care over Obamacare