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Fed Watchdog Clears Fed of Criminal Wrongdoing in $2.4B Renovation

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The Federal Reserve's internal watchdog has concluded that the agency broadly mismanaged its $2.4 billion renovation project, but found no evidence of any criminal violations.

The report comes after allegations were made by Trump administration prosecutors.

According to the AP, the Federal Reserve's internal watchdog said Wednesday that the agency had 'broadly mismanaged' the expansive building renovation project.

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