Federal Home Loan Chief Preston Martin resigns
Preston Martin, head of the Federal Home Loan Bank Board, resigns amid controversy over mortgage rate proposals. A White House spokesman says the move is coincidental to Nixon’s shake up. Martin plans to return to California and continue housing work in the private sector.
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Laird Signals Interest in Nixon Administration Roles
Former diplomat Laird hinted at possible roles under Nixon if desired by the president. Nixon has not indicated future staffing, and Laird would only accept a position if formally offered, later considering a three year term.
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