WASHINGTON, D.C. – November 1, 2013 – (RealEstateRama) — Today, a minority of U.S. Senators prevented the full Senate from voting on the nomination of Representative Mel Watt (D-NC) to be the director of the Federal Housing Finance Agency. Once again, the threat of a filibuster by Republicans has prevented an up or down vote in the Senate on a matter of great national importance. Because Mr. Watt’s nomination was not allowed to go forward, an acting director will remain in charge of this vital federal agency.
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