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.
Renovations to the Federal Reserve became a flashpoint between President Trump and Jerome H. Powell before Mr. Powell stepped down as the central bank’s chair in May.
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.
Renovations to the Federal Reserve became a flashpoint between President Trump and Jerome H. Powell before Mr. Powell stepped down as the central bank’s chair in May.
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