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DOJ Officials Seek Access to Federal Reserve Renovation Sites Amid Stalled Probe

Justice Department attempts to inspect Fed facilities as investigation into renovation contracts faces delays.
Economy & Markets · April 15, 2026 · 2 days ago · 1 min read · AI Summary · Reuters, Bloomberg, Washington Post
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WASHINGTON — Department of Justice officials have requested access to Federal Reserve renovation sites as part of a stalled investigation into potential contract irregularities, according to three sources familiar with the matter.

The unusual request comes 18 months after prosecutors opened a probe into whether contractors improperly influenced the $1.2 billion renovation of the Fed’s Eccles Building headquarters. Investigators have reportedly struggled to obtain key documents and witness testimony.

‘This isn’t a sightseeing tour — it’s forensic documentation,’ said a former federal prosecutor who requested anonymity to discuss sensitive matters. ‘They’re likely looking for physical evidence that paperwork doesn’t capture.’

The Fed declined to comment on ongoing investigations but confirmed renovations remain on schedule. Spokesperson Margaret Carter stated: ‘All contracts followed standard procurement procedures.’

Legal experts note the DOJ’s architectural inspection request signals potential escalation. ‘When paper trails go cold, investigators turn to material evidence,’ said Georgetown Law professor Neal Katyal. ‘Brick-and-mortar doesn’t lie.’

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