President Obama Expected To Nominate Rep. Mel Watt For Director Of The Federal Housing Finance Agency

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Thomas 'Tom' Wheeler, managing director of Core Capital Partners LP... News PhotoBarack Obama,Cabinet Member,Chairperson,Federal Communications Commission,Federal Housing Administration,Finance,Government,Horizontal,International Landmark,Listening,Managing Director,Nomination,Nominee,North America,Occupation,One Person,People,Politics,Portrait,The Americas,Tom Wheeler - FCC Chairman,US President,USA,Washington DC,White House - Washington DC,White House State Dining RoomPhotographer Collection: Bloomberg 2013 BloombergThomas 'Tom' Wheeler, managing director of Core Capital Partners LP and U.S. President Barack Obama's nominee as chairman of the Federal Communications Commission (FCC), listens as Obama, not pictured, makes the announcement in the State Dining Room of the White House in Washington, D.C., U.S. on Wednesday, May 1, 2013. Wheeler would succeed Chairman Julius Genachowski, a Democrat who has pushed to expand access to high-speed Internet service. Photographer: Andrew Harrer/Bloomberg via Getty Images