America is in the midst of a historic housing crisis, with record homelessness levels and a nationwide shortage of affordable housing. Addressing this crisis is the purview of the Department of Housing and Urban Development, the federal agency tasked with making sure Americans have a safe, affordable place to live.

Today on the show, The Big Take’s Sarah Holder on her recent trip to meet with HUD Secretary Scott Turner, a former NFL cornerback and Texas state representative. Turner came into office pledging to help America build millions of new homes. But he's also supported other changes at HUD that critics say threaten that mission, like unprecedented staffing reductions and proposed cuts to rental aid. What will this new age for HUD mean for America's housing goals?

Read more: Trump’s Housing Chief Wants to Build, But With What?

America is in the midst of a historic housing crisis, with record homelessness levels and a nationwide shortage of affordable housing. Addressing this crisis is the purview of the Department of Housing and Urban Development, the federal agency tasked with making sure Americans have a safe, affordable place to live.
Today on the show, The Big Take&rsquo;s Sarah Holder on her recent trip to meet with HUD Secretary Scott Turner, a former NFL cornerback and Texas state representative. Turner came into office pledging to help America build millions of new homes. But he's also supported other changes at HUD that critics say threaten that mission, like unprecedented staffing reductions and proposed cuts to rental aid. What will this new age for HUD mean for America's housing goals?
Read more: <a href="https://www.bloomberg.com/news/features/2025-09-04/fixing-the-us-housing-crisis-is-a-challenge-for-trump-s-hud-chief?srnd=homepage-americas">Trump&rsquo;s Housing Chief Wants to Build, But With What?</a>

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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Can a Smaller HUD Fix the Housing Crisis?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7e2d47ac-7dae-4719-8d69-b34e01370877/transcript

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