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Obama's FHFA Pick Hangs In Balance Of Fannie, Freddie Battle

By Evan Weinberger (May 1, 2013, 7:39 PM EDT) -- In choosing Rep. Mel Watt, D-N.C., to lead the Federal Housing Finance Agency, President Barack Obama put the veteran lawmaker at the center of a battle over the future of Fannie Mae, Freddie Mac and the role of government in the housing market that could hurt Watt's chances at confirmation....

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