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Inspector General
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- 1Fed's inaction let information security risks fester, watchdog finds▼Fed’s ‘collective lack of action’ let info security risks fester: OIG Governance of the central bank’s information secur
The Federal Reserve's Office of Inspector General reports that unclear governance of the central bank's information security program and weak enforcement of controls allowed a 2024 security incident to remain unresolved for over a year. The review cites a 'collective lack of action' across the institution, raising questions about accountability and oversight at the US central bank.
- 2Fed watchdog finds no misconduct in $2.5 billion headquarters renovation●Breaking News: The Federal Reserve’s independent watchdog found no misconduct associated with the central bank’s nearly $2.5 billion project to overhaul its headquarters in Washington, D.C.
The Federal Reserve's independent internal watchdog concluded there was no misconduct linked to the central bank's roughly $2.5 billion project to overhaul its Washington, D.C. headquarters. The finding closes out scrutiny of a renovation that had drawn criticism from politicians and the public over its rising costs, with the inspector general finding no wrongdoing associated with the expensive building project.
- 3Appellate court rules on protective order in OIG records dispute●Appellate court decides on protective order in OIG records case
An appellate court has issued a decision on a protective order in a case involving Office of Inspector General records, according to WBAL-TV. Protective orders in such cases typically determine which government oversight documents can be kept sealed or withheld from public view during litigation. The specifics of the ruling, including the parties involved and the court's reasoning, were not detailed in the available report.