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A Federal Reserve internal watchdog has concluded its review of a $2.4 billion building renovation, finding no criminal wrongdoing but significant mismanagement in the project. The findings, reported by ABC News and other outlets, close out scrutiny of the costly headquarters overhaul. Critics had questioned the price tag, and the report is likely to fuel ongoing debate over the central bank's spending and accountability.

A federal watchdog has concluded that no criminal conduct occurred in the Federal Reserve headquarters renovation project, which drew sharp criticism from President Trump over cost overruns. The finding undercuts claims by Trump and allies that mismanagement of the project amounted to potential wrongdoing, a key element in his pressure campaign against Fed leadership.

The Federal Reserve's internal watchdog has cleared former Fed chair Jerome Powell in a probe into the costly renovation of the Fed's headquarters. The review had examined whether Powell misstated details about the project, which drew criticism from the White House and Republican lawmakers. The clearance removes one line of attack against Powell, though tensions between the president and the central bank continue.

A federal watchdog has concluded that the Federal Reserve mishandled the renovation of its headquarters, the project President Trump cited this summer when he moved to fire Fed Chair Jerome Powell. The finding gives partial backing to Trump's accusations of wasteful spending, though it does not address his authority to remove the chair. The report is renewing debate over the dispute and the Fed's management.

A Federal Reserve internal watchdog has concluded that failures occurred in a Fed renovation project, but determined there are no grounds for a criminal referral. The finding means missteps in the costly headquarters overhaul will not be pursued criminally, though questions about oversight and spending are likely to keep drawing scrutiny from lawmakers and the public.

The Federal Reserve's internal watchdog has found no misconduct or illegal activity in the central bank's expensive headquarters renovation project. The review, reported by The New York Times, closes one line of scrutiny into the overhaul, which drew criticism over its multibillion-dollar price tag. Critics have long questioned the scale of the spending, and the findings are likely to fuel debate over whether the project's costs were justified.

A watchdog review of the Federal Reserve's headquarters renovation overseen during Jerome Powell's tenure found problems with the project but no misconduct by the Fed. The findings close out scrutiny of a remodeling effort that drew criticism over its cost. The review pointed to flaws in how the project was handled while clearing officials of wrongdoing.

A federal watchdog has concluded that the Federal Reserve mismanaged the renovation of its headquarters buildings, but determined that no laws or rules were broken. The finding addresses long-running criticism from lawmakers over the cost and oversight of the project, though it stops short of attributing any legal violation to the central bank.

VASA Fitness is renovating a vacant grocery store building to open its newest gym in Colorado Springs. The company is converting the empty retail space into a fitness facility, adding to its presence in the city. The project gives a second life to an abandoned grocery location while expanding affordable gym options for local residents.