Federal Reserve watchdog finds no illegal conduct from Jay Powell in building renovations

The Federal Reserve’s watchdog found that the institution did not “effectively manage” its renovations of the central bank’s headquarters in Washington, D.C., but found no grounds for a criminal probe into former Federal Reserve Chairman Jerome Powell on the matter. “Our review found that the Board has not effectively managed and executed its CMAR contract […]

Read it at Washington Examiner ↗

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