Alphonso Jackson Expected to Announce Resignation on Monday
Hopefully this is true… Housing and Urban Development Secretary Alphonso Jackson, buffeted by allegations of cronyism and favoritism, is expected to announce his resignation Monday, sources close to the matter told the Wall Street Journal. WSJ link AndFrom NYT: Mr. Jackson has scheduled a news conference for 9:45 a.m., 15 minutes before Treasury Secretary Henry M. Paulson Jr. is supposed to outline plans for dealing with the financial crisis set off by the risky mortgage lending. If Mr. Jackson steps down, it would remove a key player from the administration team dealing with the problem. UPDATE: For some background here … Continue reading Alphonso Jackson Expected to Announce Resignation on Monday