HUD Secretary Alphonso Jackson to Resign
HUD Secretary Alphonso Jackson announces his resignation at HUD headquarters in Washington, D.C.
Win McNamee, Getty ImagesAmid charges of cronyism and ethical impropriety, Housing and Urban Development Secretary Alphonso Jackson announced his resignation from the post, effective next month.
This from CNN:
"The FBI has been investigating allegations that Jackson steered a federal contract to a golfing buddy based in South Carolina. Jackson has denied wrongdoing and White House officials have said for months that the president still has confidence in Jackson. No charges have been filed against him."
The folks at Politico say the resignation will complicate matters for the White House:
"Jackson's departure comes at a critical time for the Bush administration and Congress as political leaders in Washington scramble to deal with the fallout from the subprime mortgage crisis. HUD oversees the Federal Housing Administration, a critical player in any federal response to the problems in the nation's housing market."
Flashback: Jackson on News & Notes
Is Home Ownership Still Achievable?
HUD Secretary on Making Homes More Affordable
FBI Investigating HUD Secretary's Contracts
Tags: Alphonso Jackson
11:51 AM ET | 03-31-2008 | permalink








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