{
  "id": 11025412,
  "title": "US central bank: Internal auditor finds no misconduct by Powell in Fed building renovation.",
  "url": "https://urgent.news/2026/09/30/us-notenbank-interner-prufer-findet-kein-fehlverhalten-von-powell-bei",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T20:29:05.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/geldpolitik/us-notenbank-interner-pruefer-findet-kein-powell-fehlverhalten-bei-fed-renovierung/100258782.html"
  },
  "original_language": "de",
  "account": "The US Federal Reserve's internal watchdog has found no evidence of wrongdoing in the costly renovation of a historic building in Washington. The General Inspector's 120-page report, released on Wednesday, said there was no reason to involve law enforcement. However, the report did identify significant shortcomings in project oversight. The renovation's cost has ballooned to $2.4 billion, a billion dollars more than originally planned, with an initial estimate of $1.3 billion in 2020. US President Donald Trump had criticized the cost overrun, targeting then-Fed Chair Jerome Powell.",
  "summary": "The Inspector General found no evidence of possible violations in the Fed renovation. However, other deficiencies were identified. Senator Warren is talking about a \"witch hunt\".",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}