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Mel Watt

Why Is Fannie Mae Evicting the Coronel Family?

Peter Dreier | Posted 04.08.2014 | Business
Peter Dreier

The Coronel family is part of a growing national movement to challenge Wall Street and the financial industry, whose predatory practices resulted in millions of Americans losing their homes and millions more still "underwater" with homes worth less than their mortgages.

Housing Regulator Swears In New Chief

AP | Posted 03.08.2014 | Business

WASHINGTON (AP) — North Carolina Rep. Mel Watt has been sworn in to lead the Federal Housing Finance Agency. Vice President Joe Biden...

Watt Now? (Or, Can Mel Watt Fix the Housing Crisis?)

Peter Dreier | Posted 02.12.2014 | Politics
Peter Dreier

News coverage of the Senate's confirmation of Congressman Mel Watt on Tuesday to head the Federal Housing Finance Agency (FHFA) was all about politics, not the housing or banking issues he now has to address.

With Rep. Watt Confirmed as FHFA Director, We Look Forward to True Relief for Homeowners

National Council of La Raza | Posted 02.10.2014 | Latino Voices
National Council of La Raza

With Mel Watt confirmed as FHFA Director, we have a rare chance to reverse the widening economic inequality plaguing our communities. We urge the FHFA to start its work today.

Dems Use New Rules To Clear Way For Obama Nominee

AP | Posted 12.10.2013 | Politics

WASHINGTON (AP) — Democrats have used the Senate's newly eased filibuster procedures to clear the way for confirmation of the man President Barack O...

Nuking Obstruction: This Could Be the Start of Something Big

Nan Aron | Posted 01.25.2014 | Politics
Nan Aron

The Democrats needed to act, and they did. The threshold for ending debate is now a simple majority and not a super-majority. It was an astonishing and historic moment.

Mel Watt's Confirmation and the Senate at a New Low

Larry Cohen | Posted 01.23.2014 | Politics
Larry Cohen

It is ironic that the trade deals that have ravaged jobs for millions of Americans likely met the original test as treaties, given their long range implications and participation of numerous foreign governments, yet if they are fast tracked they cannot be amended and are adopted by majority vote.

Michael McAuliff

Biden: 'Worth Considering' Nuclear Option Filibuster Reform

HuffingtonPost.com | Michael McAuliff | Posted 11.01.2013 | Politics

WASHINGTON -- Vice President Joe Biden, long a defender of tradition in the United States Senate, said Thursday it might be time to change the institu...

Time for Wall Street to Stop Blocking Mel Watt

Mike Lux | Posted 12.30.2013 | Politics
Mike Lux

Wall Street doesn't want a new director of FHFA. They like things the way they are, and don't want a new sheriff in town. That is why Republicans are so willing to buck history and tradition, are so willing to stop the first African-American appointee to run FHFA to be confirmed.

North Carolina: Will We Elect Someone Who Is Out, Proud and Ready for Capitol Hill?

Victor Lopez | Posted 12.18.2013 | Gay Voices
Victor Lopez

Sitting at a fundraiser in the sleepy college town of Greensboro, N.C., State Representative Marcus Brandon did an impromptu meet-and-greet. I realized quickly that Brandon might be the kind of person we need to send to Congress.

Ranking Member Mel Watt Makes a Bold First Step in Freeing Creators From the Government's Heavy Hand

Chris Castle | Posted 09.30.2013 | Entertainment
Chris Castle

I've been writing about -- well, OK, a blaringly vocal advocate -- for getting the government out of the music business for quite some time.

Struggling Chicago-area Homeowners Still Need Help, Despite Some Positive Signs

Dory Rand | Posted 10.16.2013 | Chicago
Dory Rand

It's too soon to break out the champagne. It seems unlikely that the foreclosure crisis over when more than a third of Chicago region homes are underwater and unemployment remains persistently high.

More Republican Districts Saw Increase In Suburban Poverty: Report

The Huffington Post | Ryan Rainey | Posted 08.08.2013 | Politics

Suburban poverty has increased in more Republican congressional districts than Democratic ones, a new report said. According to a Brookings Instit...

Five Things Congress Could Do For Music Creators That Wouldn't Cost the Taxpayer a Dime Part 1: Pre-72 Sound Recordings

Chris Castle | Posted 09.25.2013 | Entertainment
Chris Castle

In this and future posts, I will be addressing five things the Congress could do for music creators that are easy to do and that would help develop an online market for music.

Will Senator Kirk Stand With Illinois Consumers?

Dory Rand | Posted 09.14.2013 | Chicago
Dory Rand

Senator Kirk voted against allowing a floor vote on Cordray and signed a letter with 42 Republicans vowing to block any nominee, no matter how qualified, unless the CFPB is substantially weakened. That isn't right.

Playing Long Odds?

Victor Lopez | Posted 08.27.2013 | Black Voices
Victor Lopez

I tend to trust politicians who will share a whiskey sour and real life stories over those that are only available through their website addresses and public forums. Can Brandon fill Watt's shoes?

Tough Fight Over Obama Pick May Be Win-Win For White House

Reuters | Posted 08.20.2013 | Politics

By Margaret Chadbourn WASHINGTON, June 20 (Reuters) - President Barack Obama's pick to oversee mortgage financiers Fannie Mae and Fre...

When Congress Voted Down The Fourth Amendment

Radley Balko | Posted 05.24.2013 | Politics

Earlier this month, President Obama nominated North Carolina Rep. Mel Watt to head up the Federal Housing Finance Authority. Here's a fun little nugge...

How Homeowners Made May a Month You Won't Forget

Tracy Van Slyke | Posted 07.21.2013 | Business
Tracy Van Slyke

It has been a full five years since banks crashed the economy and more than a year since President Obama announced a special task force to investigate big bank crimes. Ever since, homeowners and community members have been fighting for fair and deserved relief and justice.

Obama Urges Congress To Back Another Pick

Reuters | Posted 07.11.2013 | Politics

WASHINGTON, May 11 (Reuters) - President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and ...

Shahien Nasiripour

Obama Pick Gets Some Republican Support

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

BOSTON -- The White House, long bedeviled by shortcomings in its housing programs, received two boosts Wednesday when its pick to lead a key housing a...

Shahien Nasiripour

Obama To Nominate Longtime Congressman For Key Job

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

BOSTON -- President Barack Obama will nominate Mel Watt, a longtime Democratic congressman from North Carolina, to oversee government-controlled mortg...

Ben Hallman

Housing Director's Actions 'Inexplicable'

HuffingtonPost.com | Ben Hallman | Posted 03.18.2013 | Business

Massachusetts Attorney General Martha Coakley has run out of patience with the nation's top housing official. On Monday, after more than a year sp...

Ryan Grim

Fed Audit Bitterly Opposed By Treasury

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

The Treasury Department is vigorously opposed to a House-passed measure that would open the Federal Reserve to an audit by the Government Accountabili...

Ryan Grim

Audit The Fed Effort Under Threat In House

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

A bipartisan effort to force transparency on the Federal Reserve is suddenly in jeopardy after a House Financial Services Committee member introduced ...