Federal Reserve Renovation Project Hits Snags, Finds No Misconduct

Construction continues at the Federal Reserve buildings in Washington, D.C., according to a recent report. The renovation project has been ongoing since 2026 and is expected to be completed soon.

A watchdog found problems with the project but concluded that there was no misconduct on the part of Fed officials during Jerome Powell's tenure. This determination may come as relief to those concerned about potential mismanagement of taxpayer funds.