Skip to content
The San Antonio

Fed watchdog finds no crimes in $2.4B building renovation, only mismanagement

Fed watchdog finds no crimes in $2.4B building renovation, only mismanagement
Photo: KSAT 12 (ABC affiliate) · view original

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. A variety of missteps by the Fed's Board of Governors and staff in...

Sources and story details