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Fed watchdog finds no criminality in renovation probe

Former Federal Reserve Chair Jerome Powell and Fed officials did not violate criminal law during their handling of the central bank’s ongoing multimillion-dollar renovation project, the Fed’s internal watchdog said in a Wednesday report. The office of Fed Inspector General Michael Horowitz acknowled

What the coverage shows

All three outlets center the watchdog’s conclusion that the Fed renovation did not warrant a criminal or legal referral. CNBC alone foregrounds “renovation failures” alongside the no-referral finding, while NBC News uniquely mentions that the project drew President Trump’s scrutiny. CBS News is the only outlet to add that the inspector general did not fault features the White House had called “ostentatious” and not compliant with approved plans.

Written by Crossfiled from the 6 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.

New York TimesAxiosThe HillCNBCCBS NewsNBC News

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