Democrats are happy, but not quite content, with President Obamas long-awaited action last week to send the name of Rep. Mel Watt, D-NC, to the Senate as the White Houses nominee for director of the Federal Housing Finance Agency. Prominent progressives are doubling down by demanding that Edward DeMarco, the FHFAs long-standing but embattled acting director, be dispatched out of office by the president forthwith. Freshman Senator and one-time Consumer Financial Protection Bureau architect Elizabeth Warren, D-MA, and New York Attorney General Eric Schneiderman, D, lauded Watts nomination, then immediately demanded that Obama appoint a new FHFA acting director in the interim.