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OIG: CFPB’s renovation costs reasonable
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Corporate Governance, Investor Protections
Tuesday, August 11, 2015
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The costs for renovating the Consumer Financial Protection Bureau building has been a highly contested topic within both houses of Congress. The Office of Inspector General issued a report evaluating the reasonableness of the estimated costs and assessing the effectiveness of the bureau’s processes and controls for approving, managing and documenting renovation costs and project decisions.
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