Mel Watt becomes new chief overseeing Fannie, Freddie

Charlotte Observer ^ | Monday, Jan. 06, 2014 | Franco Ordonez

[Olog-hai]

Mel Watt was sworn into a top housing finance post Monday afternoon while simultaneously bringing to an end a career in Congress spanning more than two decades.

The now-former representative from North Carolina was given the oath to lead the Federal Housing Finance Agency by former Charlotte mayor and current Transportation Secretary Anthony Foxx.

Watt’s path to his new position was cleared last month after a drawn-out debate that included a controversial rule change allowing him to be confirmed with a 57-41 Senate vote. …

[bkepley]

hmmm...name sounds familiar..

[fieldmarshaldj]

Another low-info career politician elevated to high office.

[Tupelo]

Banana Republic type appointee.
Right party. Right color. Has a pseudo education. Can speak reasonable English. A loyal spear chucker, uh no no scratch that, spear carrier that's it Spear Carrier for Lord Obie. Perfect for the job.

[Olog-hai]

Former chairman of the CBC. One of those that pushed banks into making risky loans to people that couldn’t pay them back in the first place.

[circlecity]

Is this the guy who thought he was being set up with a tryst with an underage Catholic school girl and exclaimed “Wow, did I just hit the lotto or what!” (it turned out to be a sting operation)

[PghBaldy]

I think that was another one - Mel REYNOLDS:

http://en.wikipedia.org/wiki/Mel_Reynolds

[DAC21]

New Head of Fannie / Freddie, also known as newest Demonrat Multimillionaire.

[Robe]

The fox is no longer guarding the hen house, it’s inside selecting the fat plump ones for dinner.

[circlecity]

You’re right. All those Mels sound alike.

[elkfersupper]

A loyal spear chucker

make that "spear catcher".

[43north]

Oh good. Another incompetent affirmative action choice for a meaningless position where he can do a lot of damage to the makers on behalf of the takers.