WASHINGTON (Reuters) – Democratic Representative Mel Watt’s nomination to lead the agency that regulates taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac cleared a procedural hurdle in the U.S. Senate, putting it on course for final approval likely later on Tuesday.
President Barack Obama nominated Watt in May to head the Federal Housing Finance Agency, but Republicans had blocked a final vote. Last month, however, Senate Democrats changed the rules to allow nominees like Watt to overcome filibusters with a simple majority in the 100-seat chamber.
Previously, it took 60 votes. Democrats control the chamber 55-45.
Here comes the flood. Why does all this remind me of the following?
They often cite a comment Erdogan made when he was
mayor of Istanbul in the 1990s, calling democracy “a train that
takes you to your destination, and then you get off.”
When do you think we’ll be getting off? Or are we already off the train?