FILE - In this May 1, 2013, file photo, President Barack Obama's nominee for the Federal Housing Finance Authority director Rep. Mel Watt, D-N.C., waves during the announcement of his nomination in

... more 

FILE - In this May 1, 2013, file photo, President Barack Obama's nominee for the Federal Housing Finance Authority director Rep. Mel Watt, D-N.C., waves during the announcement of his nomination in the State Dining Room of the White House in Washington. Democrats are struggling to halt a Republican blockade against Obama’s pick of Watt and of Patricia Millett for the U.S. Court of Appeals for the District of Columbia. (AP Photo/Jacquelyn Martin, File) less 

1 / 29
Associated Press
Fri, Nov 1, 2013 12:53 PM EDT