Business news brief
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
NEWS DESKBusiness
PUBLISHEDSep 30, 2026, 5:49 PM
What the source reports
Trump criticized $2. 4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest rates An internal watchdog said the Federal Reserve mismanaged costs associated with a $2.
4bn renovation of its Washington DC headquarters, but noted that no criminal violations occurred, according to a report released on Wednesday. For over a year, Donald Trump has centered his attacks against the Fed and…
Main source: The Guardian Business
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