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US
Housing secretary Alphonso R.
Jackson resigned. He stated that he
wanted to devote more time to his
family. His announcement came just
as federal authorities were
investigating the appearance that he
had given lucrative housing
contracts in the Virgin Islands and
New Orleans to his friends. |
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Jackson's resignation comes as the
nation is attempting to rely on his
department’s Federal Housing
Administration to help control and
minimize the home mortgage problems
including personal foreclosures. |
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Over
recent weeks, Mr. Jackson had
received increasing pressure to
resign. The FBI interviewed several
of his employees. Two senior
Democratic senators called on him to
resign. The senators said the
allegations of wrongdoing had
undermined his leadership. |
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Lawmakers have also raised concerns
regarding accusations that Mr.
Jackson threatened to withdraw
federal funding from the
Philadelphia Housing Authority when
its president refused to turn over a
$2 million property to a politically
connected developer. |
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