✉news BusinessBanking first seen 15 h ago, last 3 h ago, peak #7
Fed Mismanaged Building Renovation but Broke No Rules, Watchdog Finds
A watchdog review has concluded that the Federal Reserve mishandled a renovation of its headquarters building, but found no violation of rules or law. The findings address long-running criticism of cost overruns and management of the project, while stopping short of blaming the central bank for wrongdoing.
Why now: A new inspector general report has just weighed in on a controversial and costly Fed building project.
Evidence
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