Representative Mel Watt brings 40 years of experience in housing and finance to the position of FHFA Director. He is well-qualified to become our nation’s next chief housing regulator.
Rep. Watt championed anti-predatory lending legislation and was a key supporter of the Dodd-Frank Act. Rep. Watt has a long track record of championing minority homeownership both in his private practice and in Congress.
He has supported principal reduction as a key method for addressing the housing crisis and getting our economy back on track.
For months and months, thousands of us have signed petitions, made phone calls to President Obama and Congress, held protests in our cities and outside our homes, and shared our stories in order to win new leadership at FHFA. We know that with a new director overseeing Fannie Mae and Freddie Mac, we can support struggling homeowners, help obtain affordable housing for millions of people, and get our housing market and economy back on track. This is a very big deal.
We need to let Senators on both sides of the aisle know that this vote can’t wait for their vacation. One of the most important ways we can persuade our senators to vote for Rep. Watt this week is to pick up the phone and give them a call.
Don’t let partisan politics derail this important confirmation. Call your senator right now [http://www.phonebank.org/