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Prosecutors from the U.S. attorney’s office in Washington appeared without warning at the Federal Reserve’s headquarters on Tuesday, seeking a tour of an active construction site. This move marks an escalation in their ongoing probe of the central bank.
The information was shared by Andrew Ackerman and matches details reported by the Wall Street Journal.
Earlier this year, Andrew Ackerman reported that hundreds of laptops at the U.S. Federal Reserve were left uninventoried until March 2025. In a separate survey, he found that most former Fed officials expect no rate cuts this year. These disclosures come as scrutiny of the central bank intensifies.