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Obama's Pick to Oversee Fannie and Freddie Has Deep Ties to Banks

May 3, 2013Rep. Melvin Watt, D-N.C., has been nominated by President Obama to head the Federal Housing Finance Agency, which oversees the quasi-governmental mortage giants Fannie Mae and Freddie Mac. One key question facing the FHFA right now is whether to allow struggling mortgage borrowers in the private market to refinance with a reduced principal through Fannie and Freddie.

How much campaign money has Rep. Watt received from companies with an interest in the mortgage market? Read more

Sunshine Week: MapLight's Newly Launched Topic Pages Allow Journalists and Citizens to Search for Bills by Issue Area

Key Companies

CompanyContributedRelated bill positions
Bechtel$1,148,6200

Key Legislators

SenatorsParty/StateRelated bills sponsored
Sherrod Brown[D-OH]166
Chuck Schumer[D-NY]154
Mazie Hirono[D-HI]152
House MembersParty/StateRelated bills sponsored
Raúl Grijalva[D-AZ]262
Steve Cohen[D-TN]226
Jan Schakowsky[D-IL]226

Key Industries

IndustryContributedRelated bill positions
Waste management$3,999,5846
Numbers on this page (except for Latest Bills) include latest available data for contributions and bill positions starting January 1, 2007 through the present. For date range numbers on Latest Bills, visit the bill page.