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✉news BusinessBanking first seen 13 h ago, last 12 h ago, peak #35

Watchdog finds no misconduct in Fed building renovation

Original: No ‘misconduct’ in Fed building renovation, watchdog finds

A watchdog review has concluded there was no misconduct in the Federal Reserve's headquarters renovation, a project that has drawn political scrutiny over its cost. The finding pushes back on claims that officials acted improperly in the building's upgrade, though the project's price tag remains a point of public debate.

Why now: The Fed's costly headquarters renovation has been a political flashpoint, and the inspector general's clearance is fresh news in that fight

Federal ReserveFederal Reserve headquartersUS Office of Inspector General

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