The full Senate voted 57-41 to confirm Rep. Mel Watt (D-N.C.) asFHFA director on Tuesday.

In October, Republicans prevented Watt's confirmation fromadvancing in the Senate. However, in November, Senate Democratsvoted to overturn a rule that required 60 votes to stop afilibuster that prevented a floor vote on presidentialnominees.

Under the new rules, 51 votes are enough to overcome a filibuster.

Jim Blaine, president/CEO of the $26 billion State Employees'Credit Union in Raleigh, N.C., told Credit Union Times onFriday that he supports Watt as FHFA director.

“His N.C. congressional district encompasses the headquarters of(Bank of America in Charlotte), but he's always been open tohearing the concerns of both credit unions and community banks,”Blaine said.

“Our credit union would like to see the future role of Fannie,Freddie and the 30-year fixed rate mortgage greatly diminished inthe national and local mortgage market,” Blaine continued.

“Those are not ideas with which Congressman Watt generallyagrees, but we know he will attempt to consider all views and seeksolutions that are in the long term best interests ofconsumers.”

In a statement, NAFCU President/CEO Dan Berger congratulatedWatt on the confirmation and said his trade looks forward toworking with him.

“NAFCU has always appreciated his willingness to meet withcredit unions and to hear their concerns,” Berger said.

Edward DeMarco has been serving as acting director.

At the time of confirmation, Watt was in South Africa attendingmemorial services for former President Nelson Mandela.