Watt’s FHFA Nod All But Ensured After ‘Nuclear Option’ Deployment
November 22, 2013
It is all but certain that the Federal Housing Finance Agency will soon have its first permanent and confirmed director since the agency’s inception, following the move late this week by Senate Democrats to invoke the “nuclear option” for presidential nominees. The Senate voted 52 to 48 to change its own rules to permit most executive and judicial nominees to pass by a simple majority vote.
It will be the 11th issuance of its type by loanDepot.
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