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The Fed’s inspector general found no criminal grounds or misconduct in the headquarters renovation but faulted its cost management. The Federal Reserve Board’s Office of Inspector General (OIG) has reported that it found no reasonable grounds to b...
Trump said former Fed chair Jerome Powell should resign anyway.
WASHINGTON — The Federal Reserve's internal watchdog said Wednesday that the central bank has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors.