Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations - Peer2Peer

Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

Sep 30, 2026

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

https://www.nytimes.com/2026/09/30/business/fed-renovations-trump-powell-report.html

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