Senator Burr Congratulates Rep. Mel Watt On His Nomination As FHFA Director

Today, U.S. Senator Richard Burr (R-NC) issued the following statement congratulating Representative Mel Watt (D-NC) on his nomination to serve as Director of the Federal Housing Finance Agency:

"Having served with Mel, I know of his commitment to sustainable federal housing programs and am confident he will work hard to protect taxpayers from future exposure to Fannie Mae and Freddie Mac. I look forward to working with Rep. Watt in his new role to find new ways to facilitate more private sector involvement in the housing and mortgage markets."