Amid concerns about the Federal Housing Administration’s financial health, Obama’s has just approved an appointee to head the agency, the Wall Street Journal reported. But his pick, Carol Galante, has not gone over well with Republicans, the Journal noted.

“I think we need people now in the administration with a sense of urgency about the need to turn things around, reduce our debt, and to avoid further bailouts,” said Republican Senator Jim DeMint of S.C. “She does not appear to have that sense of urgency.” The Wall Street Journal reported last week that lawmakers are concerned the agency will need a bailout, a belief confirmed by both an independent audit and a University of Pennsylvania study. [more]