Republicans Filibuster Mel Watt’s Nomination For Housing Finance Agency

The Senate on Thursday voted 56-42 to proceed to vote on Rep. Mel Watt’s (D-NC) nomination to head the Federal Housing Finance Agency, short of the 60-vote filibuster-proof threshold needed to advance to a final vote.

Almost every Republican voted against proceeding to Watt’s nomination, who would head an agency carrying regulatory control over Fannie Mae and Freddie Mac. 

White House press secretary Jay Carney said Thursday that the White House hopes Republicans reconsider their vote, calling the filibuster “enormously disappointing.”

Dear Reader,

When we asked recently what makes TPM different from other outlets, readers cited factors like honesty, curiosity, transparency, and our vibrant community. They also pointed to our ability to report on important stories and trends long before they are picked up by mainstream outlets; our ability to contextualize information within the arc of history; and our focus on the real-world consequences of the news.

Our unique approach to reporting and presenting the news, however, wouldn’t be possible without our readers’ support. That’s not just marketing speak, it’s true: our work would literally not be possible without readers deciding to become members. Not only does member support account for more than 80% of TPM’s revenue, our members have helped us build an engaged and informed community. Many of our best stories were born from reader tips and valuable member feedback.

We do what other news outlets can’t or won’t do because our members’ support gives us real independence.

If you enjoy reading TPM and value what we do, become a member today.

TPM Staff
Latest Livewire
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Director of Audience:
Editor at Large:
General Counsel:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: