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White House Concerned Over Senate Vote On Mortgage Regulator

wochit politics
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October 30, 2013 AT 8:58 PM
The Obama administration expressed concern on Wednesday that Republicans may block a vote in the U.S. Senate on the nomination of the president's choice to regulate mortgage finance firms Fannie Mae and Freddie Mac. The Senate scheduled a procedural vote on the nomination of Representative Mel Watt to head the Federal Housing Finance Agency, for early afternoon on Thursday.