Office of Inspector General
Pursuant to the Inspector General Act of 1978, as amended, the Office of Inspector General (OIG) was established by Congress as an independent oversight authority within the Board of Governors of the Federal Reserve System (Board), the government agency component of the broader Federal Reserve System. In addition, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) established the OIG as the independent oversight authority for the Consumer Financial Protection Bureau (CFPB). Within this framework, the OIG conducts audits, investigations, and other reviews of the Board's and the CFPB's program functions. By law, the OIG is not authorized to perform program functions.
Effective July 25, 2011, Mark Bialek assumed the position of Inspector General for the Board and the CFPB.
Recently Added
- OIG Work Plan (Updated February 8, 2013) (PDF)
- Dover Developer Indicted for Bank Fraud and Money Laundering (PDF)
- No Changes Recommended to Freedom of Information Act Exemption Included in the Amended Federal Reserve Act
Executive summary (PDF) | Full report (1.58 MB PDF) - Former Bank President and other Officers Indicted in Massive Fraud that Preceded the Collapse of First National Bank (PDF)
- Security Control Review of Contingency Planning Controls for the Information Technology General Support System
Features
Fraudulent Spam Emails Claiming to be from the Federal Reserve The Office of Inspector General (OIG) is aware of a recent surge of fraudulent emails claiming to be from the Federal Reserve. Learn how to protect yourself and report suspicious e-mails. |
Report Fraud, Waste and Abuse
HOTLINE
1(800) 827-3340 (toll free)
1(202) 452-6400 (DC local)
Last update: February 8, 2013