Corker Disappointed In President Obama's Nominee To Lead FHFA

Wednesday, May 1, 2013

Senator Bob Corker, R-Tn., member of the Senate Banking, Housing and Urban Affairs Committee, made the following statement regarding reports that President Obama will Wednesday nominate U.S. Congressman Mel Watt, D-N.C., to lead the Federal Housing Finance Agency.

"I could not be more disappointed in this nomination. This gives new meaning to the adage that the fox is guarding the hen house,” said Senator Corker. “The debate around his nomination will illuminate for all Americans why Fannie and Freddie failed so miserably.

“Before any nominee should be considered for this post, regardless of their qualifications, the administration should explicitly lay out how they will unwind these entities.”


Leeco Steel Property On E. 38th Street Sold For $2,125,000

The Leeco Steel property at 2500 E. 38th St. has been sold for $2,125,000. The sale was to Shades Mountain Properties Llc from Leeco Steel Llc . Leeco continues to operate at the site. Leeco Steel is a division of O'Neal Steel, which dates to 1921. Leeco Steel is described as "a steel service center specializing in carbon, HSLA, alloy, abrasion-resistant, extra-high- ... (click for more)

3 Community Leaders Appointed To Board Of Directors At Habitat For Humanity

Habitat for Humanity of Greater Chattanooga Area announced that business leaders, Tracee D. Smith and Barbara Marter and longtime educator and community leader, Veronica Herrera have been appointed to its board of directors. The appointments were effective  June 25  and will increase the number of directors to 17 members.   "We are excited that Barbara, Tracee, ... (click for more)

Michael Futrell, 38, Shot By Corey Mullinax, 25, In Cleveland

Michael Futrell, 38, was shot by Corey Mullinax, 25, Saturday night in Cleveland. At approximately  9:15 p.m. , the shooting occurred at Forest Grove Apartments at 2350 Blackburn Road SE. According to multiple witness statements, the victim, Mr. Futrell walked over to the vehicle of Mullinax, where the two were speaking. The suspect then shot the victim in the torso. ... (click for more)

Teenager Shot In Drive-By Shooting On West 38th Street

Javier Lansden, 18, was shot early Sunday morning on West 38th Street. At approximately  2:47 a.m.,  the Chattanooga Police Department responded to 264 Water Street for a person shot.  Officers found that the shooting occurred at 263 West 38 th  Street.  The victim stated he was sitting on his bicycle at 263 West 38 th  Street, when a dark-colored ... (click for more)

Chattanooga Is A Blessed Community

I am an American by birth and a Chattanoogan by the Grace of God. (A phrase I borrowed from the late Lewis Grizzard and modified) I grew up in Chattanooga / East Ridge – Anna B. Lacey Elementary, Dalewood Junior High, Brainerd High, degree UTC.  My family lived in Chattanooga until March of this year but I’m still up every month visiting friends.   I have been following ... (click for more)

Roy Exum: Navy Denies Any Changes

UPDATE: A spokesman for the U.S. Navy on Sunday denied reports that disciplinary charges will be filed against Lt. Cmdr. Timothy White for discharging an unauthorized weapon on federal property.   According to a post of Facebook and other social media sites, a statement reads, “Stories of Navy personnel being charges with an offense are not true. There is still a long way ... (click for more)