At The Monitor Breakfast, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announces that the Obama Administration will work with Congress to find ways to help state and local governments more effectively combat the ongoing effects of the housing crisis and home foreclosures through additional funding for the Department's Neighborhood Stabilization Program (NSP) and foreclosure prevention counseling.
David Cook is Senior Editor and Washington bureau chief of The Christian Science Monitor. He oversees the Monitor's 9-person bureau in the nation's capital, hosts the Monitor's newsmaker breakfasts, and writes for csmonitor.com.
For over 40 years, Monitor breakfasts have brought journalists together with key public officials to talk about the issues of the day in a candid, in-depth fashion. Since their start in 1966, four US presidents, five vice presidents, and countless cabinet and congressional officials have been guests at the 3,600 breakfasts the Monitor has hosted.
When Monitor correspondent Jill Carroll was held captive in Iraq for 82 days in 2006, Cook served as the Monitor's spokesperson and appeared on numerous national broadcasts including "Today," "Nightline," "The News Hour with Jim Lehrer," and "ABC World News Tonight."
From August 1994 through July 2001, Cook served as editor of The Christian Science Monitor. During his term, the Monitor's print edition was redesigned, csmonitor.com was launched, and the paper won numerous awards including the 1996 Pulitzer Prize for international reporting.
Previously Cook was editor of Monitor Broadcasting which produced daily radio news programs heard on 200 public radio stations. He also served as managing editor of the Monitor's Emmy award-winning nightly television news program "World Monitor."
His current assignment is Cook's third tour in Washington. During two previous postings in the nation's capital he covered economic policy. He also has been a Detroit-based correspondent for Business Week.
Cook was awarded a Bagehot Fellowship in Business and Economic Journalism by Columbia University. He is a graduate of Principia College, attended the Advanced Management Program at Michigan State University, and served in the U.S. Army. He is a member of the Gridiron Club, Washington's oldest journalistic organization, and the father of three grown sons.
Shaun Donovan was sworn in as the 40th Director of the Office of Management and Budget on July 28, 2014. Donovan has committed his life to public service focused on good government and smart investment, while also building his leadership skills in the private, non-profit, and academic sectors.
Speaking at The Monitor Breakfast, HUD Secretary Shaun Donovan announced that his agency will re-allocate as much as $1 billion in Neighborhood Stabilization funds to those communities hit hardest by the housing crisis.
Donovan also announced that HUD will work with Congress to seek increased funding for the Neighborhood Stabilization Program and for counseling services aimed at distressed homeowners.