US-Notenbank: Interner Prüfer findet kein Fehlverhalten von Powell bei Umbau des Fed-Gebäudes
Der Generalinspekteur hat keine Hinweise auf mögliche Verstöße bei der Fed-Renovierung entdeckt. Es wurden jedoch andere Mängel festgestellt. Senatorin Warren spricht von einer „Hexenjagd“.
The internal auditor of the US Federal Reserve has found no evidence of wrongdoing or administrative misconduct by former Fed Chair Jerome Powell during the renovation of the Fed building, which was criticized by US President Donald Trump. According to the 120-page report published on Wednesday, there were no grounds to involve criminal prosecution authorities.
The report, however, revealed significant shortcomings in project oversight. The explosive cost increase for the renovation of the historic Fed building in Washington prompted Trump to attack then-Fed Chair Jerome Powell, which was considered an attempt to push him out of office to gain more influence over monetary policy. Federal Reserve Governors are appointed for a 14-year term.
If a vacancy occurs, the President can appoint a successor, subject to confirmation by the Senate. The project's costs have now reached approximately $2.4 billion, exceeding the initially projected budget by around $1 billion. In 2020, the initial cost estimate was $1.3 billion.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
