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Fed watchdog clears Powell-era renovation costs of criminal wrongdoing
Original: US Fed watchdog finds no criminal wrongdoing in Powell-era renovation costs https://www. aljazeera.com/news/2026/9/30/u
The Federal Reserve's internal watchdog has found no criminal wrongdoing in the costly headquarters renovation overseen during Jerome Powell's tenure as Fed chair. The project had become a flashpoint after President Trump publicly attacked Powell over the expenses as part of his broader pressure campaign on the central bank over interest rates. The findings undercut claims that the renovation spending was mishandled.
Why now: The finding directly rebuts Trump's public accusations against Powell at a time of tension between the White House and the Federal Reserve.
Federal ReserveJerome PowellDonald Trump
Evidence
- US Fed watchdog finds no criminal wrongdoing in Powell-era renovation costs https://www. aljazeera.com/news/2026/9/30/u s-fed-watchdog-finds-no-criminal-wrongdoing-in-powell-era-renovation-costs?traffic_source=rss The renovation costs became a focus of Trump’s pressure campaign… · MillMessenger@journa.host · 2
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