12:23am August 7, 2013

Will Reid Go Nuclear for Watt? Obama Mentions Watt Nomination at AZ Event

U.S. President Obama delivers remarks on American manufacturing in Chandler

Today in Arizona, President Obama again pushed, though gently, the Senate to nominate Rep. Mel Watt (D-NC) to be the next Director of the Federal Housing Finance Agency.  

Sen. Harry Reid (D-NV), for reasons unknown, did not include Watt’s nomination in the filibuster truce/deal that moved the nominations of Richard Cordray (Director of the Consumer Financial Protection Bureau) and Tom Perez (for Secretary of Labor).  Will Reid re-open the nuclear discussion to move Watt’s nomination? Will the White House pressure him to do it?  

The President nominated Watt on May 1.  Today, the President mentioned Watt’ nomination in Arizona on housing.


An excerpt from the President’s speech today:  ”First, private capital should take a bigger role in the mortgage market. Second, no more leaving taxpayers on the hook for irresponsibility or bad decisions. Third, we should preserve access to safe and simple mortgage products like the 30-year, fixed-rate mortgage.

Fourth, we have to keep housing affordable for first-time homebuyers and families working to climb into the middle class. We need to strengthen the FHA so it gives today’s families the same kind of chance it gave my grandparents, and preserves that rung on the ladder of opportunity. And we need to support affordable rental housing and keep up our fight against homelessness.

The Consumer Financial Protection Bureau we created is laying down new rules of the road that every family can count on when they’re shopping for a mortgage. They’re designing a new, simple mortgage form in plain English, with no fine print, so you know before you owe.

Months ago, I nominated a man named Mel Watt to be our nation’s top housing regulator. Congress should give his nomination an up-or-down vote without any more obstruction or delay.”

About the Author

Lauren Victoria Burke
Lauren Victoria Burke
Lauren Victoria Burke is an opinion journalist, comms expert and political analyst focused on justice reform policy. She created Crewof42.com, a blog that covers the work of Black members of Congress, in 2009. Ms. Burke was a staffer for the Senate Democratic Policy Committee and Director of Communications for Rep. Andre Carson (D-IN). She has had a very diverse career in politics and media and appears regularly on NewsOneNow with Roland Martin, Hardball and Up on MSNBC, WVON in Chicago, WURD in Philadelphia and WOL and WHUR in Washington, D.C. She is currently the Managing Editor of Politic365 and a contributing writer for TheRoot and NBC Black where she writes opinion and analysis. Additionally, Ms. Burke has been a contract photographer for Associated Press since 2004. She has authored three books of photography including two on President Obama's 2008 campaign for the presidency and one with Marvel Comics publisher Stan Lee. Ms. Burke was born in the Bronx, New York and grew up on Long Island. She holds a B.A. in History from The American University. Here e-mail is: LBurke007@gmail.com. Twitter: @LVBurke. Instagram: LVB325.



H.R. 3713: Urban League, FAMM Voice Concerns on #JusticeReform Bills

In a striking statement that’s a departure from the views of other major civil rights groups, National Urban League President Marc Morial expressed concerns with the two leading sentencing reform bills in Congress: S. 212...
by Lauren Victoria Burke


Rep. John Conyers Supports Criminal Intent Bill, Catches Hell From Left

Other Democrats have been criticized for it, but they weren’t in the position of actually passing legislation on the issue. As of yesterday, the most senior Democrat on the House Judiciary Committee is.  Rep. John Conyer...
by Lauren Victoria Burke


Nov. 18: Goodlatte-Conyers Bill with New Heroin Penalty Heads to Cmte.

Legislation authored by House Judiciary Chairman Bob Goodlatte (R-VA) and ranking Democrat John Conyers (D-MI) that includes an expanded penalty for heroin containing fentanyl, will be considered by the full House Judiciary Co...
by Lauren Victoria Burke



Hollande Plans Response to Worst Attack in Paris Since WWII

French President Francois Hollande is preparing a response to the attacks on his country. “This is an act of war” Hollande said regarding the near-simultaneous attacks in Paris that killed nearly 130 people and lef...
by Lauren Victoria Burke


Someone Ask Bobby Jindal to Explain Glenn Ford and Albert Woodfox

“What’s your biggest weakness,” was the first debate question for 8 Republican candidates for President one night.  Someone could have answered for Louisiana’s Governor Bobby Jindal, because the answer ...
by Lauren Victoria Burke



Be the first to comment!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>