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  • Watt nod frees up another long-awaited positionadd to reading list  

    Posted on May 1, 2013 at 5:49 PM

    Updated Friday, Nov 1 at 8:37 PM

    President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday.

    By BEN THOMPSON / NBC Charlotte
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