Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUNA acknowledges Prestons exec skills
WASHINGTON (4/22/08)—The Credit Union National Association (CUNA) said Monday that President George W. Bush’s choice of Steven Preston to be the new leader at the U.S. Department of Housing and Urban Development could bring some key problem solving skills to the agency. Preston, who for two years has been at the head of the U.S. Small Business Administration (SBA), might be able to put those talents to use to help HUD through a troubled time, according to CUNA. The White House last week announced its decision to place Preston in the spot being vacated by Alphonso Jackson. Jackson, whose resignation as HUD secretary was effective Friday, is under criminal investigation because of allegations that he favored friends with contracts at public housing authorities controlled by HUD. CUNA Deputy General Counsel Mary Dunn acknowledged that Preston's background does not include housing issues but commended his fairness and concern for effectiveness while he has been at the SBA. “From all reports, HUD is in need of management skills and we are hopeful he will combine his concern for efficiency with compassion for those who, in this time of mortgage crisis, need housing assistance and related services,” Dunn added.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
15 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
17 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
19 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
20 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
21 hours ago