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Powell did not break the law with expensive Fed renovations that incensed Trump, report finds

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The White House in Washington, photographed circa 2012
File photograph: The White House in Washington, photographed circa 2012. Rene DeAnda / Unsplash. Illustrative context, not a photograph of this reported event.
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An inspector general review of the Federal Reserve’s headquarters renovation found no sign that then-Chair Jerome Powell broke the law or committed misconduct in his management of the costly project, even as it sharply criticized him and the bank’s board for allowing the price tag to balloon beyond $2 billion.

Read the original report at Cnn.

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The Government has set RTÉ’s 2027 allocation at €240 million. Kevin Bakhurst says the reduction will affect the broadcaster’s five-year strategy.

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Cnn

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-01. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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Monetary Policy

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