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N&O: Obama naming NC's Watt for housing post
Story Date: 5/1/2013
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Source: Jim Kuhnhenn and Nedra Pickler, NEWS & OBSERVER, 5/1/13
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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