Former HUD Secretary Castro to Campaign in Iowa – NMP Skip to main content

Former HUD Secretary Castro to Campaign in Iowa

Jun 08, 2018
One month after launching an exploratory committee to test the waters for a potential presidential run, former U.S. Department of Housing & Urban Development Secretary (HUD) Julián Castro formally announced his candidacy for the 2020 Democratic presidenti

Julián Castro, who served as Housing and Urban Development (HUD) Secretary during the second part of the Obama presidency, is making his first trip to Iowa on June 23 in what some political observers speculate as the launch of his effort to become the Democratic presidential nominee for 2020.
 
In an interview with The Intercept, Castro said that he will be the featured speaker at a Linn County Democrats fundraising event for Iowa candidates, and will later appear at a rally for the Flip It Iowa advocacy group. On June 24, Castro is scheduled to meet with state legislative leaders before speaking at events sponsored by the Iowa Brown and Black Forum and the College and Young Democrats of Iowa.
 
Although Castro has not formally announced that he is running for president, he already has an endorsement from Rep. Emanuel Cleaver (D-MO), a former chairman of the Congressional Black Caucus who recalled Castro being shortlisted as Hillary Clinton’s running mate in 2016.
 
“I actually believe now that had he been on the ticket, we would have won the presidency,” he said. “We would have won Texas, possibly—had a greater chance in Arizona. I don’t think there’s any question he would have energized the Latino turnout to the point that the electoral votes would have gone to Clinton as well as the popular vote. Julian is a perfect person for the campaign and the presidency.”
 
In February, Castro told NBC that he had “every interest in running,” adding that “part of the process of figuring out whether I'm going to run is going to listen to folks and feel the temperature of voters.” In his new interview, he told The Intercept, “If I decide to become a candidate, I’m going to offer a positive vision for the future.”
 
No HUD Secretary has ever been elected president, although the job was held by three would-be candidates for the Republican presidential nomination: George Romney, Jack Kemp and current HUD Secretary Ben Carson.

 
About the author
Published
Jun 08, 2018
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026