Housing and Urban Development Secretary Alphonso Jackson resigned today. The long-time friend of President Bush faces multiple ethics investigations. No successor has been named. Meantime, Treasury Secretary Henry Paulson proposed revamping oversight of the financial system, for the first time since the Great Depression. James Politi is US Economics and Trade Correspondent for the Financial Times.
Treasury Secretary Wants Broad Reforms
Credits
Guest:
- James Politi - US Economics and Trade Correspondent, Financial Times