Excerpt: Mel Watt is absolutely the right man to lead the FHFA, especially at a time the housing recovery remains fragile and housing finance reforms remain at the top of our nation’s legislative priorities.
WASHINGTON, D.C. – November 1, 2013 – (RealEstateRama) — Congressman Gregory W. Meeks, (NY-05) Senior Member of the House Financial Services Committee released the following statement:
Congressman Gregory W. Meeks in
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Congressman Gregory W. Meeks in
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“I am very disappointed that the U.S. Senate failed today to proceed with the nomination of Melvin L. Watt to head the Federal Housing Finance Agency. Mel Watt has been an exceptional member of the House Financial Services Committee during the past two decades, and has been a respected leader on housing and housing finance polices and markets. He is highly respected on both sides of the aisle, and has earned the trust of consumers and market participants for his openness and dedication to fair and balanced reforms.”
“Mel Watt is absolutely the right man to lead the FHFA, especially at a time the housing recovery remains fragile and housing finance reforms remain at the top of our nation’s legislative priorities. I will therefore continue to support his nomination, and I call upon the Senate to confirm him without further delay.”
