North Carolina's approach in crafting its law ensured the creation of the best possible law and, consequently, North Carolina is now the acknowledged leader in addressing predatory lending.

Early political career
Watt was the campaign manager of Harvey Gantt's campaigns for Mayor of Charlotte and for the United States Senate election in North Carolina 1990. After the meeting Nader alleged that Watt twice uttered an "obscene racial epithet" towards him. "


Ethics investigation
Congressman Watt was formally investigated by the Office of Congressional Ethics over a series of fundraising events he was involved in.

He has served North Carolina's 12th congressional district since 1993. An attorney from Charlotte North Carolina Watt previously served one term as a state Senator and served as campaign manager for former Charlotte Mayor Harvey Gantt.