The Director of the Office of Management and Budget in the United States stated that the investigation by the Federal Reserve Inspector General is not sufficient.

date
20/07/2025
Russell Vought, director of the U.S. Office of Management and Budget, said that the Inspector General of the Federal Reserve's examination of the renovation of the central bank's headquarters is inadequate to explain the "contradictions" that exist. Vought outlined his plans to visit the Federal Reserve headquarters and gather information for reporters. He claimed that there is a "misleading" contradiction between the plans initially submitted to the committee and the statement made by Chairman Powell to Congress.