OIG to Probe Escalating Costs for CFPB HQ Rehab, Per GOP Request
February 18, 2014
The Federal Reserve Office of Inspector General will be initiating some sort of audit or evaluation of the reasons the renovation costs for the CFPBs headquarters building in Washington, DC, have soared to more than three times their original estimate, Inside the CFPB has learned. The OIG responded to a request from Rep. Patrick McHenry, R-NC, a key subcommittee chairman within the House Financial Services Committee structure. We have received a request from Chairman McHenry of the House Financial Services Subcommittee on Oversight and...