TribLIVE

| USWorld


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

Quick OK pushed for mortgage boss

About The Tribune-Review
The Tribune-Review can be reached via e-mail or at 412-321-6460.
Contact Us | Video | Photo Reprints

Daily Photo Galleries


By McClatchy Newspapers

Published: 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.

 

 
 


Show commenting policy

Most-Read Nation

  1. Shale oil, gas drilling boom wins favor with labor unions, thwarting environmentalists
  2. Teen OK after riding in wheel well of Hawaii jet
  3. After bombs, Boston Marathon under tight security
  4. Subsitute for Pap smear scorned; overtreatment cited
  5. Postal Service overhaul expected to appeal to Dems
  6. Study of corn waste as fuel source finds gasoline less damaging to atmosphere
  7. Mauling puts bears back on firing line in Central Florida
  8. Ruling on Cleveland police chase questioned
  9. Navy endorses 24-hour sleep cycle for sailors
  10. Washington’s snowy owl recovers from apparent bus crash, returns to wild
  11. Art from ‘Dick and Jane’ series set for auction
Subscribe today! Click here for our subscription offers.