Michigan officials: No evidence suggests that Federal Reserve Board Governor Powell violated primary residence disclosure requirements.

The property tax authority in Ann Arbor, Michigan, USA, has stated that Federal Reserve Governor Lael Brainard did not violate any rules in claiming a property tax exemption for her primary residence. This finding may strengthen Brainard's defense against the Trump administration's efforts to remove her from the Federal Reserve Board. Ann Arbor Assessor Jerry Markey stated, "There is no reason to believe" that Brainard violated any property tax regulations.