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news Cbc World 2026-04-24

DOJ Closes Probe into Federal Reserve Renovation Costs Involving Powell

The U.S. Department of Justice is ending its investigation into cost overruns related to renovations at the Federal Reserve bank, according to U.S. Attorney Jeanine Pirro.


<img alt="A white-haired man in a suit and tie is shown in closeup, lifting his right hand to make a gesture." height="349" src="https://i.cbc.ca/ais/42650cee-c6aa-4340-82b0-3e656f07eb0d,1777042510926/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C0%2C4658%2C2620%29%3BResize%3D%28620%29" title="Federal Reserve Chair Jerome Powell gestures while addressing students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass." width="620" /><p>The Justice Department is โ€Œclosing its investiga...

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