Tuesday, April 22, 2008

New HUD Nominee Has No Experience in Housing Issues

From DemocracyNow.org:
President Bush’s nominee to head the Department of Housing and Urban Development is coming under criticism, because he has no apparent background in housing issues. Last week, Bush nominated Steve Preston to replace outgoing Secretary Alphonso Jackson. Preston is currently head of the Small Business Administration. He is a former executive with ServiceMaster and was an investment banker with Lehman Brothers. Democratic Senator Christopher Dodd has questioned why Bush would select a nominee with no expertise in housing issues while the country is facing the biggest housing crisis in recent history.

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