✉news BusinessBanking first seen 13 h ago, last 51 min ago, peak #17
Watchdog finds Fed mishandled headquarters renovations at center of Trump-Powell feud
Original: Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over
A federal watchdog has concluded that the Federal Reserve mishandled the renovation of its Washington headquarters — the project President Trump cited this year as grounds to try to remove Fed Chair Jerome Powell. The finding gives fresh ammunition to critics who said the cost overruns were a pretext, while raising questions about the Fed's internal management of the project.
Why now: The finding directly touches the high-profile clash between Trump and Powell over Powell's job.
Federal ReserveJerome PowellDonald Trump
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- Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over · The Washington Post
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