Reposted by @pghlifelonglearner.bsky.social
While criticizing poor management, an internal watchdog found no evidence of illegal behavior or administrative misconduct in the Fed's $2.5 billion headquarters overhaul, despite Trump's claims targeting Jay Powell. @colbylsmith.bsky.social www.nytimes.com/2026/09/30/b...
nytimes.com
Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations
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.