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Federal Reserve Chair Jerome Powell under investigation over headquarters renovation: report
New York Post· 2026-01-12 01:10
The US attorney’s office for the District of Columbia has opened a criminal investigation into Federal Reserve Chair Jerome Powell, focusing on the renovation of the central bank’s Washington headquarters and whether he was truthful in his congressional testimony about the project, according to a report by The New York Times.Officials told the Times that the probe centers on whether Powell accurately characterized the scope and cost of the renovation during congressional appearances.The Federal Reserve did ...