Uphill battle begins for Mel Watt’s nomination to head mortgage regulator

Uphill battle begins for Mel Watt’s nomination to head mortgage regulator

Congressman Mel Watt
Congressman Mel Watt
By Kevin G. Hall
© McClatchy Washington Bureau
June 26, 2013

WASHINGTON — President Barack Obama’s pick to lead the federal agency that oversees mortgage finance faces an uphill battle Thursday at a Senate confirmation hearing. Many Republicans are happy with the current caretaker and worry that Rep. Mel Watt, D-N.C., will bring a social agenda to the post.

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