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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: KPRC 2 / Click2Houston (NBC) · view original

The Federal Reserve’s internal watchdog said Wednesday that the agency 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 inflated...

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