Wed Feb 26 16:50:00 UTC 2025: ## HUD Secretary Exposes $1.9 Billion in Misplaced Funds, Cuts $4 Million in DEI Contracts

**Washington, D.C.** – Housing and Urban Development (HUD) Secretary Scott Turner announced today the discovery of $1.9 billion in misplaced funds within the Department under the Biden administration. Simultaneously, Secretary Turner revealed the cancellation of $4 million in Diversity, Equity, and Inclusion (DEI) contracts. The announcement follows an internal review conducted by the department. Further details regarding the nature of the misplaced funds and the specifics of the cancelled contracts are expected to be released in the coming days. Fox News is providing live coverage and full episode replays of the ongoing developments.

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