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Mel Watt | |
|---|---|
 | |
| Director of the Federal Housing Finance Agency | |
| In office January 6, 2014 – January 6, 2019 | |
| President | Barack Obama Donald Trump |
| Preceded by | Edward DeMarco (acting) |
| Succeeded by | Joseph Otting (acting) |
| Member of the U.S. House of Representatives from North Carolina's 12th district | |
| In office January 3, 1993 – January 6, 2014 | |
| Preceded by | Roy A. Taylor (1963) |
| Succeeded by | Alma Adams |
| Member of the North Carolina Senate from the 33rd district | |
| In office January 1985 – January 1987 | |
| Preceded by | Constituency established |
| Succeeded by | Jim Richardson |
| Personal details | |
| Born | Melvin Luther Watt August 26, 1945 Steele Creek, North Carolina, U.S. |
| Political party | Democratic |
| Spouse | Eulada Watt |
| Children | 2 |
| Education | University of North Carolina, Chapel Hill (BS) Yale University (JD) |
 | This article's "criticism" or "controversy" section may compromise the article's neutrality. (March 2021) |
Melvin Luther Watt (born August 26, 1945) is an American politician who served as director of the Federal Housing Finance Agency from 2014 to 2019. He was appointed by President Barack Obama. He is a former United States Representative for North Carolina's 12th congressional district, from 1993 to 2014. He is a member of the Democratic Party.
A lawyer from Charlotte, North Carolina, Watt served one term as a state senator and was the campaign manager for Charlotte mayor Harvey Gantt.
On May 1, 2013, President Barack Obama nominated Watt to lead the Federal Housing Finance Agency, which, among other agencies, administers or has oversight for the FHA, Fannie Mae, and Freddie Mac.[1][2] The U.S. Senate confirmed Watt on December 10, 2013,[3] and he resigned from the House on January 6, 2014.
On September 27, 2018, Watt was called to testify before Congress about allegations that he had sexually harassed a female employee at the Federal Housing Finance Agency. On November 29, 2018, Watt was found guilty of two counts of misconduct.[4] He ended his term as director on January 6, 2019, and issued the following quote: "In my view, it's time for me to ride off into the sunset because the standards have become so confused that it's difficult to operate in them," he said, according to a transcript of his interview with investigators.[5]
- ^ Hopkins, Cheyenne; Benson, Clea (May 1, 2013). "Obama Said to Choose Watt to Lead Fannie Mae Regulator". Bloomberg.
- ^ Puzzanghera, Jim (May 1, 2013). "Obama to nominate Democratic Rep. Mel Watt to head housing agency". Los Angeles Times.
- ^ "Home". periodicalpress.senate.gov.
- ^ "Report of Administrative Inquiry into Allegations of Misconduct by the FHFA Director".
- ^ "Mel Watt attempted to 'coerce' relationship with employee while FHFA director, IG report says".