
FXHedge|Mar 09, 2025 00:29
ANOTHER 1 BILLION RECOVERED IN ‘MISPLACED FUNDS’: DOGE (Miami Herald)
The Department of Government Efficiency (DOGE), led by Elon Musk, has reportedly recovered 1.9 billion in misplaced funds by the Biden administration. The amount originated from the Department of Housing and Urban Development (HUD) and was deemed unnecessary due to a flawed process. The Trump administration is reportedly planning significant staff reductions at HUD, with potential layoffs affecting up to half of its workforce.
Full article:
https://www.msn.com/en-us/news/politics/another-1-billion-recovered-in-misplaced-funds-doge/ar-AA1AwsQE?ocid=msedgntp&pc=HCTS&cvid=8fcfe646705e4ea1adce423feadec655&ei=11
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