PoliticsUS Fed watchdog finds no criminal wrongdoing in Powell-era renovation costs
The Federal Reserve’s inspector general found no basis for a criminal referral or administrative misconduct over the renovation of two Washington buildings. The project is about $1bn over budget at an estimated $2.4bn, though the report identified major management shortcomings. Trump had used the costs to pressure Jerome Powell over interest rates.
AAl Jazeera★★★☆☆2026-09-30 19:00Original
US Fed watchdog finds no criminal wrongdoing in Powell-era renovation costs
Politics