Mel Watt | |
---|---|
Director of the Federal Housing Finance Agency | |
Assumed office January 6, 2014 |
|
Preceded by | Edward DeMarco (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 | Constituency established |
Succeeded by | Alma Adams |
Personal details | |
Born |
Melvin Luther Watt August 26, 1945 Steele Creek, North Carolina, U.S. |
Political party | Democratic |
Spouse(s) | Eulada Watt |
Children | Brian Jason |
Alma mater |
University of North Carolina, Chapel Hill Yale University |
Religion | Presbyterianism |
Melvin Luther "Mel" Watt (born August 26, 1945) is an American politician who has been Director of the Federal Housing Finance Agency since 2014. Previously he served as the United States Representative for North Carolina's 12th congressional district from 1993 to 2014. He is a member of the Democratic Party. An attorney from Charlotte, North Carolina, Watt also served one term as a state Senator and served as campaign manager for Charlotte Mayor Harvey Gantt.
On May 1, 2013, President Barack Obama nominated Watt as the next head of the Federal Housing Finance Agency, which among other agencies, administers or has oversight for the FHA, Fannie Mae, and Freddie Mac. The U.S. Senate confirmed Watt on December 10, 2013, and he resigned from the House on January 6, 2014.
Watt was born in Steele Creek, located in Mecklenburg County. He is the son of Evelyn Lucille (née Mauney) and Graham Edward Watt. Watt is a graduate of York Road High School in Charlotte. He was a Phi Beta Kappa graduate of the University of North Carolina at Chapel Hill in 1967 with a B.S. degree in Business Administration. In 1970, he received a J.D. from Yale Law School and was a published member of the Yale Law Journal.