Fed watchdog finds no laws broken in $2.5B renovation
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Event Brief

Fed watchdog finds no laws broken in $2.5B renovation

Filed: Sep 30, 2026 at 2:03 PM ET
Summary: The Federal Reserve inspector general found no laws were broken in a $2.5 billion Federal Reserve renovation. It also found no fault with features the White House had complained were “ostentatious” and not compliant with approved plans.
WHO: Federal Reserve inspector general
WHAT: Inspector general report finds no laws broken and no fault with renovation features criticized by the White House.
WHEN: Sep 30, 2026 at 1:14 PM ET
WHERE: USA
WHY: The findings respond to complaints that certain renovation features were “ostentatious” and not compliant with approved plans.

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