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May 23, 2014 AT 5:03 AM
President Barack Obama is preparing to boost the profile of an up-and-coming young Hispanic Democrat by nominating San Antonio Mayor Julian Castro to become the nation's housing secretary. Obama's current housing chief gets a new title: budget director. Obama was expected to announce his latest Cabinet shuffle at the White House on Friday afternoon, a White House official said, shortly after he returns from an overnight trip to his Chicago hometown to raise money for Democratic Senate candidates.