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✉news BusinessBanking first seen 15 h ago, last 11 h ago, peak #10

Fed watchdog finds no criminality in renovation probe

A Federal Reserve internal watchdog has concluded that no criminal conduct occurred in its investigation into the Fed's renovation project. The finding, reported by The Hill, closes out the probe without any criminal referral. The decision is drawing attention as it ends lingering questions about cost and oversight of the central bank's building work.

Why now: Fresh finding by a Fed watchdog closes a scrutiny-heavy probe into the central bank's renovation.

Federal Reserve

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