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Federal Reserve System OIG Inspector General

Federal Reserve OIG Badge

If you’re under investigation by the Federal Reserve OIG and facing Federal Charges we help you qualify for early release programs authorized by the Federal Bureau of Prisons.

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What is the Federal Reserve System

The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.

The Federal Reserve conducts the nation’s monetary policy, promotes the stability of the financial system, promotes the safety and soundness of individual financial institutions, fosters payment and settlement system safety and efficiency, promotes consumer protection and community development. 

What is the Federal Reserve OIG

The Federal Reserve System Office of the Inspector General (OIG) was created pursuant to the Inspector General Act of 1978 to provide oversight at preventing inefficient or unlawful operations within the Federal Reserve.

The Federal Reserve System OIG  was established by Congress, as the independent oversight authority for the Federal Reserve Board and the Bureau. In fulfilling this responsibility, we conduct audits, evaluations, investigations, and other reviews related to Board and Bureau programs and operations. By law, offices of inspector general are not authorized to perform agency program functions.

What Does the Federal Reserve IG Investigate

The Federal Reserve System OIG Office of the Inspector General is charged with investigating criminal, civil, and administrative wrongdoing by Federal Reserve Board of Governors and Bureau employees as well as alleged misconduct or criminal activity that affects the Board’s or the Bureau’s ability to effectively supervise and regulate the financial community.

Authority of the Federal Reserve OIG?

We operate under statutory federal law enforcement authority granted by the U.S. attorney general, which vests our special agents with the authority to carry firearms, to seek and execute search and arrest warrants, and to make arrests without a warrant in certain circumstances.

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