U.S. · Published September 30, 2026 at 7:50 PM CDT
Fed Watchdog Finds No Criminal Wrongdoing in Renovation Costs
Not covered by right-leaning outlets we read.
What everyone agrees on
- A Federal Reserve inspector general report examined a costly renovation of the central bank's Washington headquarters, estimated between $2.4 billion and $2.5 billion.
- The report found the project was mismanaged.
- The report found no criminal violations or misconduct.
- The findings relate to former Fed Chair Jerome Powell, who had faced scrutiny over the renovation costs.
Each fact above was reported by outlets on every side that covered this story.
How each side framed it
Left-leaning outlets · 2
Focused on the watchdog's finding of mismanagement without criminal referral, and noted past criticism of the renovation by Trump amid pressure on Powell over interest rates.
Center-leaning outlets · 3
Emphasized that the report cleared Powell of criminal wrongdoing, and reported Trump's response asking the Attorney General to further study the findings.
Right-leaning outlets · 0
No coverage from the right-leaning outlets we read.
Read the original reporting
- Left The Guardian (US) Federal Reserve watchdog finds no criminal violations for building renovation cost overruns Free to read
- Left The New York Times Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations A few free articles a month
- Center Axios Fed watchdog clears former chair Powell in renovation probe Free to read
- Center PBS NewsHour No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged Free to read
- Center The Hill Trump says he asked Blanche to ‘study’ Fed watchdog report that cleared Powell Free to read
See a mistake?
A simple way to report a wrong or missing fact, with no sign-up, is coming soon. Every correction will be listed publicly.
This page was written by AI from each outlet's headline and short description, following our published rules. Always check the original reporting.