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President Obama shakes hands with Rep. Mel Watt, North Carolina Democrat and Obama's nominee for the Federal Housing Finance Authority director, on May 1, 2013, in the State Dinning Room of the White House in Washington, where he made the announcement of the nomination. (Associated Press)
Photo by: Jacquelyn Martin
President Obama shakes hands with Rep. Mel Watt, North Carolina Democrat and Obama's nominee for the Federal Housing Finance Authority director, on May 1, 2013, in the State Dinning Room of the White House in Washington, where he made the announcement of the nomination. (Associated Press)

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