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President Obama intends to nominate veteran Rep. Melvin Watt to head the 
Federal Housing Finance Agency, the government regulator that oversees lending 
giants Fannie Mae and Freddie Mac, and he has chosen a former 
cable and wireless industry lobbyist to head the Federal Communications 
Commission, according to White House officials.If confirmed by the Senate 
for the FHFA post, Watt, a North Carolina Democrat who has been 
in Congress for 20 years, would replace Edward DeMarco, an appointee of 
President George W. Bush, who has been a target of housing advocates, 
liberal groups and Democratic lawmakers.Also on Wednesday, Obama plans to 
nominate Tom Wheeler, one of his top campaign fundraisers, as the country's 
top telecommunications regulator. He is expected to name FCC Commissioner 
Mignon Clyburn to serve as acting chairwoman while Wheeler awaits Senate 
confirmation.Wheeler raised more than $500,000 for Obama's re-election effort, 
according to data provided by the campaign. He also contributed more than 
$17,000 combined to Obama's re-election and to several Senate campaigns, 
including Virginia Democratic Sen. Tim Kaine's successful effort.Wheeler 
is former head of the Cellular Telecommunications & Internet Association 
and the National Cable Television Association. Since 2005, he has been a 
venture capitalist at Core Capital Partners. Wheeler would replace outgoing 
chairman Julius Genachowski, who announced in March he would be stepping 
dow
ial activities."Roughly 
half the department budget pays staff, which is far more than at 
other agencies. The department argues that the sequester cuts, then, have 
a significant impact on services -- seasonal hiring, for instance, had to 
be drastically cut back, which impacts programs at national parks. Federal 
agencies have each responded differently to the sequester. The Federal Aviation 
Administration rattled lawmakers after it furloughed air traffic controllers, 
leading to delays at major U.S. airports. Congress, though, intervened by 
allowing the FAA to move money around, in turn canceling those furloughs.The 
private business community also has stepped in. At Yellowstone National 
Park, two cities stepped up when the National Park Service decided to 
save money by plowing snow two weeks later than usual. This would 
have delayed the clearing of four park gates well past the typical 
May 1 opening, so city officials held a fundraiser and collected enough 
money to pay the state to clear the roads, ensuring the gates 
will be open on time.Coburn cited this as a positive example in 
his letter, and urged the department to find more savings."I believe the 
Department can continue to maintain this same level access even under sequestration," 
he wrote. "To accomplish this, the Department must prioritize its core mission, 
eliminate unnecessary, wasteful, and duplicative programs, and find innovative 
ways to do more with less."


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