March 31, 2008

DODD STATEMENT ON JACKSON RESIGNATION

WASHINGTON, DC Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today issued the following statement on the resignation of Housing and Urban Development (HUD) Secretary Alphonso Jackson. Just over a week ago, Senator Dodd sent a letter to President Bush calling for the resignation. I recently voiced my concerns about Secretary Jackson's ability to provide the leadership necessary during these trying times for our country while under the cloud of various investigations into alleged impropriety. I hope this change in personnel will be matched by a change in policy that brings real solutions to the housing crisis that has triggered this economic recession. I stand ready to work with the President and his new HUD Secretary to that end.