Coverage dated September 29, 2026 to October 1, 2026
Trump Calls For Jerome Powell’s ‘Forced’ Resignation From Fed Board After Watchdog Report
Headline from Forbes
The Federal Reserve's inspector general cleared Powell of criminal wrongdoing in a report Wednesday that noted poor project management of the Fed headquarters’ renovation.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Trump's Department of Justice previously opened a probe into the delayed project, with Trump himself repeatedly suggesting that then-Chairman Powell was engaged in underhanded activities related to the project.
President Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s board over the renovation of its headquarters, after a report that found a series of missteps that led to surging costs.
The Federal Reserve's inspector general cleared Powell of criminal wrongdoing in a report Wednesday that noted poor project management of the Fed headquarters’ renovation.
The Federal Reserve's watchdog on Wednesday found no grounds for a criminal referral over a roughly $1 billion cost overrun on renovations to the central bank's Washington buildings, while faulting project oversight.
