The last great latino from San Antonio that was director of HUD was Henry Cisneros. This is when they forced banks to make home loans to people (mostly minorities) that couldn’t afford the homes. As we all learned later, this didn’t work out so well.
Henry was banished from Washington because he was involved in a sex scandal but the real train wreck was what he and Billy Bob Clinton wanted to force banks to make bad loans. Unfortunately, the bill was passed on to the taxpayers.
But...some good did come out of the hilarious flameout of Henry Cisneros. He had to exit public life, leaving behind his taxpayer-funded paychecks, and actually go to work in the private sector doing something constructive that contributes to the tax base. Which, it should be noted, is something neither of the Brothers Castro has ever accomplished.
I should have read the entire thread before asking question.......
A: Henry Cisneros.
The Community Reinvestment Act, as it was called, cost America billions of dollars and didn’t help the families it was supposed to benefit.
I understand we’re going to try it again soon...