President Obama named Rep. Melvin Watt (D-North Carolina), to head the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. He also nominated ex-telecom lobbyist Tom Wheeler as the head of the FCC.
President Obama named Rep. Melvin Watt (D-North Carolina), to head the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. He also nominated ex-telecom lobbyist Tom Wheeler as the head of the FCC.
