Bush to name SBA chief to take over HUD
WASHINGTON (AP) - April 18, 2008 If confirmed by the Senate, Preston would replace Housing and
Urban Development Secretary Alphonso Jackson, who announced his
resignation last month amid allegations of political favoritism and
a criminal investigation. Jackson's last day on the job is to be
Friday.
In a White House ceremony, Bush called Preston "a reformer who
would act aggressively to help Americans obtain affordable
mortgages."
Speaking of Jackson, Bush called him "my dear friend ... a
decent man, a dedicated man and a compassionate man."
"I wish you lots of luck as you head back to Texas," Bush
said. "I'll be right behind you."
