Financial Times FT.com

Obama picks NY official as HUD secretary

By Krishna Guha in Washington and agencies

Published: December 13 2008 14:57 | Last updated: December 13 2008 14:57

Barack Obama has chosen Shaun Donovan, a Harvard-educated New York City official with a background in affordable housing, as his nominee to head the Department of Housing and Urban Development.

In a radio address, Mr Obama said he wanted his administration to take an aggressive approach to mitigating foreclosures and ensure as many people as possible were able to stay in their homes in spite of plunging house prices and rising unemployment.

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