Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest ratesThe Federal Reserve’s internal watchdog said on Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors.The Fed’s inspector general said that a variety of missteps by its board of governors inflated the cost of the $2.4bn renovation. The Federal Reserve’s internal watchdog says there was nothing criminal about a project to renovate the central bank's headquarters in Washington. Key points and original sources are listed below.

• Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest ratesThe Federal Reserve’s internal watchdog said on Wednesday that the agency has broadly mismanaged an expansive building renovation project but did n...S1

• The Federal Reserve’s internal watchdog says there was nothing criminal about a project to renovate the central bank's headquarters in Washington. The $2.4 billion project did come in over budget. It became a flashpoint between former Fed Chair Jay Powell and...S2

• The Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutorsS3

• The Federal Reserve Office of the Inspector General issued its much-anticipated report on the ongoing renovations at the central bank's Washington, D.C., headquarters and found no criminal wrongdoing.S4

• The long-awaited report by the Fed's inspector general said it found no reasonable grounds to believe federal criminal law had been violated.S5

• The Federal Reserve inspector general also did not find fault with features the White House had complained were "ostentatious" and not compliant with the approved plans.S6

• Inspector general says central bank failed to take ‘numerous actions available to it that could have better controlled costs’S7