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Federal Reserve watchdog clears renovation cost overruns of criminal violations

Original: Federal Reserve watchdog finds no criminal violations for building renovation cost overruns https://www.theguardian.com/

An internal Federal Reserve watchdog has concluded that no criminal violations occurred in connection with the costly overruns on the central bank's headquarters building renovation. The multi-billion-dollar project had drawn political criticism and scrutiny over its escalating price tag, and the finding is likely to fuel continued debate over accountability at the Fed.

Why now: The Fed's headquarters renovation has been a politically charged controversy, so the watchdog's clearance of criminal wrongdoing is drawing attention.

Federal Reserve

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Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 4 h ago.

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