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Cummings Lauds Nomination of Mel Watt to Lead FHFA

May 1, 2013
Press Release

Washington, DC  – Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to press reports that Congressman Mel Watt (D-NC) has been nominated to be the director of the Federal Housing Finance Agency (FHFA):

“I am very encouraged by recent reports that the President is planning to nominate Mel Watt to head the FHFA.  Congressman Watt has deep expertise in housing policy and a record of distinguished service on the House Financial Services Committee.  He will be an excellent Director for FHFA.”

FHFA has operated without a permanent director for nearly four years.

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113th Congress