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Confirmed Economy
By the Patriot Watch Desk
Published September 30, 2026 at 1:51 PM ET · Updated September 30, 2026 at 4:08 PM ET

Watchdog calls Fed's $2.5 billion renovation mismanaged; Trump targets Powell

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

Read the story at The Gateway Pundit →

What we know

An internal watchdog found the Federal Reserve's $2.5 billion renovation was mismanaged but uncovered no criminal wrongdoing. President Trump responded by targeting Fed Chair Jerome Powell, whose removal he previously sought over the project.

Patriot Watch first flagged this story 17 hr ago, when Washington Post reported it. Coverage has since grown to 3 independent outlets, including 2 wire/mainstream feeds. The most recent report came 16 hr ago from The Gateway Pundit.

Conservative & independent coverage (1)

The Gateway Pundit 16 hr ago
Internal Watchdog Says Federal Reserve’s Renovation Was Mismanaged But Found No Criminal Wrongdoing in $2.5 Billion Boondoggle – Trump Responds, Targets Jerome Powell ↗

Wire & mainstream coverage (2)

PBS NewsHour 17 hr ago
No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged ↗
Washington Post 17 hr ago
Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over ↗

Coverage timeline

Sep 30, 1:51 PM ET
17 hr ago
Washington Post
Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over ↗
Sep 30, 2:25 PM ET
17 hr ago
PBS NewsHour
No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged ↗
Sep 30, 3:40 PM ET
16 hr ago
The Gateway Pundit
Internal Watchdog Says Federal Reserve’s Renovation Was Mismanaged But Found No Criminal Wrongdoing in $2.5 Billion Boondoggle – Trump Responds, Targets Jerome Powell ↗
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