Obama Nominates Watt for FHFA, Wheeler for FCC

May 1 (Bloomberg) -- U.S. President Barack Obama names U.S. Representative Mel Watt as his choice for director of the Federal Housing Finance Agency and fundraiser Tom Wheeler to head the Federal Communications Commission. Obama speaks at a news conference at the White House. Watt and Wheeler appear with Obama. (Source: Bloomberg)

The State of China as Sixth Party Plenum Begins
55:11 - Frederic Neumann, co-head of Asian economics research at HSBC, discusses the move of offshore yuan to a near-record low as China's sixth party plenum begins. He speaks on "Bloomberg Markets: European Open." (Source: Bloomberg)
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