Daily Market Updates: Fed inspector general finds no basis for criminal referral

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At close · Wed, Sep 30, 2026

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Fed inspector general finds no basis for criminal referral

Reported · Written up by our desk · Central Banks

CNBC Markets reports that the Fed’s inspector general released a long-awaited report related to alleged renovation failures.

The report concluded there were no reasonable grounds to believe federal criminal law was violated, and it found no basis for a criminal referral.

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Sources

CNBC MarketsFed watchdog finds renovation failures, but no grounds for criminal referral

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