# Trump administration Justice Department

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/trump-administration-justice-department
Canonical HTML page: https://getfinancebrief.com/entity/trump-administration-justice-department

## Timeline

- **2026-09-30**: IG releases 120-page report — The Fed's Inspector General finds broad mismanagement of the $2.4 billion renovation but no criminal violations.
- **2026-04**: DOJ perjury investigation dropped — A judge quashes subpoenas issued by U.S. Attorney Jeanine Pirro, and the criminal perjury investigation into Powell is dropped pending the IG's outcome.
- **2025-07-24**: Trump visits the construction site — President Trump tours the renovation; Powell corrects Trump's estimate of expected costs before television cameras.
- **2025-07**: Powell requests IG investigation — Amid mounting congressional criticism, then-Chairman Jerome Powell asks Inspector General Michael Horowitz to investigate the renovation.
- **2022**: Construction begins on Fed building renovation — The renovation breaks ground without a comprehensive cost estimate or a maximum overall cost ceiling; prices spike after work begins.

## Recent coverage (1 stories)

### Fed IG: $2.4B Renovation Was Mismanaged, Not Criminal
2026-09-30 22:57:21 · Sentiment: Neutral · Impact: 5/10 · Sources: 7

The Fed's watchdog found the central bank broadly mismanaged its $2.4 billion renovation but committed no crimes. For investors, the episode spotlights governance and cost-control failures at a politically pressured central bank, with post-2022 inflation driving cost overruns.
Full story: https://getfinancebrief.com/story/fed-2-4b-renovation-mismanagement-governance

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