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No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged

WASHINGTON — The Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. The Fed’s inspector general said that a variety of missteps by its Board of Governors inflated the

Coverage (2)+17 copies· Sep 30, 1:55 PM to Sep 30, 5:12 PM

fed building renovation probefederal reserve building renovation probeEconomyJusticeGovernment
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19 articles
  1. firstPittsburgh Tribune-Review
  2. +3hU.S. News & World Report
  3. +3hSFGATE
  4. +3hWDIV ClickOnDetroit
  5. +3hWTOP
  6. +3hWTOP
  7. +3hWTOP
  8. +3hSanta Ana Orange County Register
  9. +3hSan Diego Union-Tribune
  10. +3hNorfolk Virginian-Pilot
  11. +3hSt. Paul Pioneer Press
  12. +3hReading Eagle
  13. +3hThe Boston Herald
  14. +3hThe Mercury News
  15. +3hBaltimore Sun
  16. +3hHartford Courant
  17. +3hSanta Rosa Press Democrat
  18. +3hBoulder Daily Camera
  19. +3hThe Atlanta Journal-Constitution

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fed building renovation probe →

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DOJ not reopening criminal probe into Powell, Blanche saysThe U.S. Justice Department is not reopening a criminal probe into former Federal Reserve Chair Jerome Powell for cost overruns ​related to the central bank's building renovation project, a DOJ spokesperson said on Friday. Attorney General Todd ⁠Blanche, in comments to Bloomberg News, which first reported the ‌development, said he has not ​ruled out…
Spokane Spokesman-Review3d agoWhole story →
JusticeEconomyfed building renovation probe

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Fed watchdog finds no crimes in $2.4B building renovation, only mismanagementThe Federal Reserve’s internal watchdog says that the central bank has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. The Fed’s inspector general said Wednesday that a variety of missteps by its Board of Governors inflated the cost of the $2.4 billion…
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DOJ not reopening criminal probe into Powell, Blanche saysThe U.S. Justice Department is not reopening a criminal probe into former Federal Reserve Chair Jerome Powell for cost overruns ​related to the central bank's building renovation project, a DOJ spokesperson said on Friday. Attorney General Todd ⁠Blanche, in comments to Bloomberg News, which first reported the ‌development, said he has not ​ruled out…
Spokane Spokesman-Review3d agoCoverage (2)Whole story →
JusticeGovernmentfed building renovation probe