Business
Federal Reserve Inspector Finds No Criminal Violations in $2.4B Renovation Overruns
The Fed's watchdog concluded that while the Washington DC headquarters renovation was mismanaged, no criminal laws were broken.
Tag: Jerome Powell
Business
Fed Inspector General Finds Management Failures in HQ Renovation, But Stops Short of Criminal Referral
The Federal Reserve's watchdog identified significant management and oversight failures in the central bank's headquarters renovation project but found no evidence of…
Business
Fed Inspector General Clears Central Bank of Legal Violations in $2.5B Renovation Scandal
A federal watchdog found no laws were broken in the Federal Reserve's costly headquarters renovation, despite citing poor project management that inflated…