Fed Chair Powell asks inspector general to review controversial building project
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最新报道：Federal Reserve Chair Jerome Powell has requested an independent review by the Inspector General into a controversial $1 billion building renovation project in Washington, D.C., following criticism from lawmakers over rising costs and delays. The project, initially budgeted at $400 million in 2018, has faced scrutiny for mismanagement and lack of transparency. Powell emphasized the Fed's commitment to fiscal responsibility and pledged full cooperation with the investigation. The review will assess procurement processes, cost overruns, and oversight mechanisms. Some lawmakers have called for halting the project until the probe concludes, while others argue it's essential for modernizing the Fed's infrastructure.
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