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Officials: Obama Naming Nc's Watt For Housing Post

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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FILE - In this Sept. 2012 file photo, Rep. Melvin Watt of North Carolina addresses the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012. President Obama intends to nominate Rep. Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, and he has chosen a former cable and wireless industry lobbyist to head the Federal Communications Commission, according to White House officials.




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