HUD Secretary Marcia Fudge to leave Biden administration

Washington — Housing and Urban Development Secretary Marcia Fudge will leave her post atop the department later this month, the White House announced Monday.

Fudge has helmed the Department of Housing and Urban Development, or HUD, since the start of the Biden administration and is set to depart March 22. President Biden praised Fudge's leadership in a statement shortly after she announced her departure.

"On Day One, Marcia got to work rebuilding the Department of Housing and Urban Development, and over the past three years she has been a strong voice for expanding efforts to build generational wealth through homeownership and lowering costs and promoting fairness for America's renters," the president said.