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)

What Accelerated Nasdaq Stocks to Decline?
07:04 - Strategas Technical Analysis Head Chris Verrone examines global banks and decline of stocks on the Nasdaq. He speaks with Bloomberg’s Alix Steel and Scarlet Fu on “Bloomberg Markets.” (Source: Bloomberg)
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