01-10-2026 17:50 via foxbusiness.com

Fed's Warsh cracks down on HQ renovation, taps GSA to lead

EXCLUSIVE: The Federal Reserve's costly renovation project will have a new manager as Fed Chair Kevin Warsh has tasked the General Services Administration (GSA) with managing the completion of the project.On Wednesday, the Fed's Office of Inspector General released a report which found that while there was no administrative misconduct in the management of the more than $2 billion project, mistakes were made that have contributed to significant cost overruns and delays. Inflation contributed
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