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HUD-CHIEF

The Wire

Bush chooses SBA chief Steve Preston to take over HUD

Apr 17 - By Terence Hunt, Associated Press Writer

President Bush on Friday chose SBA Administrator Steve Preston to lead the government's housing agency at a time of crisis in the industry, praising him as a skilled manager. Democrats hailed Preston as a problem-solver.

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Hud Chief Resigns Amid Criminal Probe

Mar 31 - By Marcy Gordon, AP Business Writer

HUD Secretary Alphonso Jackson, his tenure tarnished by allegations of political favoritism and a criminal investigation, announced his resignation Monday amid the wreckage of the national housing crisis.

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