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EconomyWatchdog finds deficiencies but no Fed misconduct in Powell-era renovation project

The Federal Reserve’s inspector general said on Wednesday that it found deficiencies in a renovation project but no basis for a criminal referral or administrative misconduct finding. The project had drawn criticism from President Donald Trump and prompted scrutiny of former Fed chief Jerome Powell.

Federal ReserveJerome Powellrenovation projectoversight

RReuters★★★☆☆2026-09-30 17:25Original

Watchdog finds deficiencies but no Fed misconduct in Powell-era renovation project
Watchdog finds deficiencies but no Fed misconduct in Powell-era renovation projectEconomy