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Confirmed Economy
By the Patriot Watch Desk
Published September 30, 2026 at 1:33 PM ET · Updated September 30, 2026 at 2:10 PM ET

Federal Reserve watchdog finds no illegal conduct by Powell in renovation project

4 independent outlets are covering this story, first reported here by Washington Examiner. Verification: Confirmed (how we verify). Every headline links to the original reporting.

Read the story at Washington Post →

What we know

A Federal Reserve watchdog found no illegal conduct by Chair Jerome Powell in connection with the central bank's building renovation project. The review found no criminal violations related to the cost overruns. The Washington Post reported the watchdog concluded the Fed mishandled the renovations, which President Trump had tried to oust Powell over.

Patriot Watch first flagged this story 18 hr ago, when Washington Examiner reported it. Coverage has since grown to 4 independent outlets, including 3 wire/mainstream feeds. The most recent report came 17 hr ago from Washington Post.

Conservative & independent coverage (1)

Washington Examiner 18 hr ago
Federal Reserve watchdog finds no illegal conduct from Jay Powell in building renovations ↗

Wire & mainstream coverage (3)

Washington Post 17 hr ago
Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over ↗
The Guardian 18 hr ago
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns ↗
The Hill 18 hr ago
Fed watchdog finds no criminality in renovation probe ↗

Coverage timeline

Sep 30, 1:33 PM ET
18 hr ago
Washington Examiner
Federal Reserve watchdog finds no illegal conduct from Jay Powell in building renovations ↗
Sep 30, 1:38 PM ET
18 hr ago
The Hill
Fed watchdog finds no criminality in renovation probe ↗
Sep 30, 1:49 PM ET
18 hr ago
The Guardian
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns ↗
Sep 30, 1:51 PM ET
17 hr ago
Washington Post
Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over ↗
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