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BUSINESSCBS News - Top·4h ago

Federal Reserve renovations criticized by Trump did not violate laws, watchdog finds

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A federal watchdog investigation found that while multi-billion-dollar renovations at the Federal Reserve suffered from poor project management and high costs, no laws were violated.

An independent watchdog investigating the multi-billion-dollar renovations at the Federal Reserve found that cost overruns did not violate federal law, but that poor project management dramatically increased costs. CBS News producer Richard Escobedo has more.

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