President Bush yesterday named Steven C. Preston as his new secretary of Housing and Urban Development, installing a well-regarded corporate and government administrator -- yet one with little experience in housing issues -- as his point person in dealing with the consequences of the subprime... -
Bush Picks Executive for HUD
President Bush yesterday named Steven C. Preston as his new secretary of Housing and Urban Development, installing a well-regarded corporate and government administrator -- yet one with little experience in housing issues -- as his point person in dealing with the consequences of the subprime...-
By Michael Abramowitz and Carol Leonnig