# Fed watchdog finds no evidence of criminality in headquarters renovation

https://mins.news/en/item/80693

- Bloomberg News, 2026-09-30 17:04 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-09-30/fed-s-watchdog-finds-no-evidence-of-criminality-in-renovations?link_source=ta_bluesky_link&taid=6abd412ba32b78000172fd7d

> The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the $2.4 billion renovation of its Washington headquarters. The project became a flashpoint between the Fed and the Trump administration as the president pressed for lower interest rates last year.

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