Major update from the political arena that’s making headlines.
U.S. Department of Housing and Urban Development Secretary Marcia Fudge announced her decision to step down from her pivotal role.
Fudge is the second cabinet member to resign since Biden took office, and she hinted why.
Scheduled to leave her office on March 22, Marcia Fudge’s departure signifies a moment of transition not only for the Biden administration but also for the broader landscape of American politics and housing policy. Reflecting on her tenure, Fudge shared, “I do believe strongly that I have done just about everything I could do at HUD for this administration as we go into this crazy, silly season of an election.”
Now, why would she bring up the election? Isn’t that interesting?
With her stepping down, Fudge becomes the second original Cabinet member to leave the Biden administration, following in the footsteps of Labor Secretary Marty Walsh, who departed last year.
Walsh left DC to be the executive director of the players union for the NHL which is a good gig (I’d leave DC for something like). But, Fudge is leaving for different reasons and it would appear to save face before the Biden administration completely embarrassed itself (prob too late for that).
“From her time as a mayor, to her years as a fierce advocate in the U.S. House of Representatives, Marcia’s vision, passion, and focus on increasing economic opportunity have been assets to our country,” President Biden said in a statement. “I’m grateful for all of her contributions toward a housing system that works for all Americans, and I wish her well in her next chapter.”
“Under Marcia’s transformational leadership, we have worked hard to lower housing costs and increase supply. We’ve proposed the largest investment in affordable housing in U.S. history,” Biden added. “We’ve taken steps to aggressively combat racial discrimination in housing by ensuring home appraisals are more fair and by strengthening programs to redress the negative impacts of redlining. Thanks to Secretary Fudge, we’ve helped first-time homebuyers, and we are working to cut the cost of renting. And there are more housing units under construction right now than at any time in the last 50 years.”
