Obama to Pick Wheeler for FCC, Watt for FHFA

636_012412_fx_budgetPresident Barack Obama will nominate venture capitalist and former wireless and cable lobbyist Tom Wheeler on Wednesday to head the Federal Communications Commission, and Rep. Melvin Watt to head the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.

via Obama to Pick Wheeler for FCC, Watt for FHFA.

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