Fed watchdog report on renovation cost overruns
What each leads with
CBS News ↗ — Headline and lede stress "no laws broken" and quote IG directly: "no reasonable grounds to believe that a violation of federal criminal law had occurred."; Body highlights IG clearing "ostentatious" features complained about by the White House while noting management deficiencies drove cost increases beyond inflation.CBS News — Headline and lede stress "no laws broken" and quote IG directly: "no reasonable grounds to believe that a violation of federal criminal law had occurred."; Body highlights IG clearing "ostentatious" features complained about by the White House while noting management deficiencies drove cost increases beyond inflation.
Washington Examiner ↗ — Headline and opening sentence name Powell and stress "no illegal conduct" and "no grounds for a criminal probe" into him personally.; Body emphasizes the Board "has not effectively managed" the project and links cost overruns to prior accusations of lavish spending and Powell’s Senate testimony.Washington Examiner — Headline and opening sentence name Powell and stress "no illegal conduct" and "no grounds for a criminal probe" into him personally.; Body emphasizes the Board "has not effectively managed" the project and links cost overruns to prior accusations of lavish spending and Powell’s Senate testimony.
Fed watchdog finds no laws broken in $2.5 billion Fed renovation
The Federal Reserve inspector general also did not find fault with features the White House had complained were "ostentatious" and not compliant with the approved plans.
Federal Reserve watchdog finds no illegal conduct from Jay Powell in building renovations
, but found no grounds for a criminal probe into former Federal Reserve Chairman Jerome Powell. The finding brings Powell closer to beating back the accusations by allies of President Donald […]