Regulation and Compliance

Carson Eyes Leaving HUD at End of Trump’s First Term

Mar 05, 2019
Housing and Urban Development (HUD) Secretary Ben Carson has announced the Federal Housing Administration (FHA) will insure mortgages on mixed-use developments under the agency’s Section 220 Program

U.S. Department of Housing & Urban Development (HUD) Secretary Ben Carson stated he would "likely" leave his position in the Trump Administration at the end of the President’s first term.
 
In an interview with NewsMax, Carson added that he had no plans to resign from the Executive Branch this year.
 
“I will certainly finish out this term,” Carson said. “I would be interested in returning to the private sector because I think you have just as much influence, maybe more, there.”
 
Carson also noted the he believed his tenure at HUD was successful, noting that “we are making tremendous progress ensuring our most vulnerable citizens are empowered with a path to self-sufficiency.”
 
Carson was a prominent neurosurgeon who made his first foray into politics in pursuit of the 2016 Republican presidential nomination. Although he had no previous housing policy experience, he took on the HUD role following Donald Trump’s election. He is the sole African-American cabinet member in the Trump Administration.
 
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Phil Hall
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Mar 05, 2019
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