
Fed Watchdog Clears Powell in Renovation Probe
The Federal Reserve's internal watchdog found no criminal wrongdoing by former chair Jerome Powell in the costly renovation of the central bank's headquarters. The report criticized the Fed's management of the project, which saw costs more than double to $2.5 billion, but cleared Powell of any misconduct. The renovation became a flashpoint between President Trump and Powell before Powell stepped down in May.20 sourcesSee all sources




