Assistant Democratic Leader James E. Clyburn released the following statement on the nomination of U.S. Representative Melvin L. Watt (D-NC) to head the Federal Housing Finance Agency:
"President Barack Obama's nomination of Mel Watt to head the Federal Housing Finance Agency is an outstanding choice.
"In his 20-plus years of service in the U.S. House of Representatives, Congressman Watt has achieved an impressive record as a champion for working families. As the former Chairman of the Congressional Black Caucus, Congressman Watt has provided exemplary leadership in making sure federal policies effectively serve all communities of our diverse country. His status as a senior member of both the Judiciary Committee and the Financial Services Committee make him uniquely qualified to head an agency that plays a vital role in making sure that all people who are willing to work hard can have an equal shot at the American Dream.
"On a personal note, Emily and I want to thank our dear friends Mel and Eulada Paysour Watt for their many years of friendship. Throughout many trials, tribulations, and triumphs, Mel and Eulada's steadfast companionship has been a source of great strength and inspiration for us. Though we will miss his daily presence in the House, we are thrilled to see this committed and dedicated public servant advance to his new post and next chapter in his storied career of public service."