Gwen Moore Statement on FHFA Nomination

I am confident that his vast knowledge, commitment and desire to improve the lives of American families will prove essential in his task of effecting positive change within our broken housing market.

 

Contact: 
Nicole Y. Williams or Staci Cox
(202) 225- 4572
 
 
Washington, DC – Today Congresswoman Gwen Moore (WI-4), released this statement after President Obama nominated Congressman Mel Watt to head the Federal Housing Finance Agency (FHFA), the regulatory agency responsible for Fannie Mae and Freddie Mac oversight.  
 
"I have had the honor of serving with Mel on the Financial Services Committee for many years. During his tenure, he has established himself as a tenacious leader and a champion for families facing or at risk of foreclosure. He has worked across party lines to advocate for affordable housing and against predatory lending, achieving real results for the American people.    
 
“As a true public servant, Mel has remained relentless in his fight to protect consumers. His experience on the Financial Services Committee and his economic expertise were essential components in passing the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act.   
 
"I am confident that his vast knowledge, commitment and desire to improve the lives of American families will prove essential in his task of effecting positive change within our broken housing market. 
 
“I urge the Senate to swiftly confirm Congressman Watt so that he may continue to serve the American people in his new role as Director of the FHFA.” 
 
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