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Fed blasted by top watchdog over ‘mismanaged’ $2.5B ‘Palace of Versailles’ HQ work

Versailles
New York Post Fews App News Provider
Fews App Post Time 2h ago

A scathing watchdog report blasted the Federal Reserve on Wednesday for severely mismanaging its ‘Palace of Versailles” HQ renovation, but officially cleared former Fed Chair Jerome Powell of any criminal wrongdoing. The bloated project effectively put taxpayers on the hook for $2. 5 billion in a botched overhaul that President Donald Trump called “disgraceful.

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