No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged
The Federal Reserve's internal watchdog found no criminal wrongdoing in a major building renovation project. However, the report concluded that the agency broadly mismanaged the project.
WASHINGTON (AP) — 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 cost of the $2.4...
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