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The Fed’s inspector general did fault the central bank’s board for mismanaging costs. Trump blamed ex-chair Jerome Powell and said he “should be forced to resign.”
The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the central bank’s renovation of its Washington headquarters, a $2.4 billion project that became a flashpoint between the
The Federal Reserve's internal watchdog found no evidence of illegal behavior or administrative misconduct associated with the central bank's nearly $2.5 billion project to overhaul its headquarters in Washington, D.C., even as it concluded that the renovations were poorly managed and lacked sufficient budget…