Federal Reserve Inspector General

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Fed Watchdog Finds Renovation Failures, but Sees No Basis for Criminal Referral

The Federal Reserve’s inspector general has concluded that long-running renovation problems at the central bank fell short of any reasonable basis for a criminal referral, narrowing the fallout from a politically sensitive review. The report is likely to intensify scrutiny of management, cost controls and oversight at the Fed, while easing fears that the matter could escalate into a law-enforcement case.

By RDU Global Wire5 min read

Global Markets & Equities03 Oct 2026, 05:01 PM IST

Justice Department Will Not Reopen Criminal Probe Into Former Fed Chair Powell

The U.S. Justice Department has decided not to reopen a criminal investigation into former Federal Reserve Chair Jerome Powell, according to a confirmation that follows an internal review by the Fed’s inspector general. The watchdog found no grounds for a criminal referral over the mismanaged renovation of the central bank’s headquarters, closing another chapter in a politically charged dispute over the project.

4 min readRead →

Global Markets & Equities03 Oct 2026, 08:15 AM IST

DOJ Will Not Reopen Criminal Probe Into Former Fed Chair Powell

The U.S. Justice Department has decided not to reopen a criminal investigation into former Federal Reserve Chair Jerome Powell, according to confirmation following an internal Fed watchdog review. The move comes after the Federal Reserve’s inspector general found no grounds for a criminal referral over the mismanaged renovation of the central bank’s headquarters in Washington.

5 min readRead →

World Politics & Diplomacy11 Nov 2026, 08:00 AM IST

US Federal Authorities Could Have Prevented Epstein Crimes, Congressional Report Finds

A Republican-led congressional committee has concluded that US federal authorities could have prevented some of Jeffrey Epstein’s crimes, according to a report released after a 15-month investigation into the government’s handling of the case. The findings intensify scrutiny of law enforcement failures and revive questions about how a wealthy and well-connected offender was allowed to operate for years. The report is likely to fuel fresh demands for accountability across federal agencies and the justice system.

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World Politics & Diplomacy30 Oct 2026, 05:00 PM IST

DHS Bars Swiss Cyber Firm from Federal Systems in Security Crackdown

The U.S. Department of Homeland Security has barred a Swiss cybersecurity firm from federal systems, a move that underscores Washington’s growing intolerance for foreign vendors viewed as a potential security risk. The decision reflects a broader hardening of U.S. cyber procurement policy as agencies seek tighter control over software and services embedded in sensitive networks.

5 min readRead →

Frontier AI & Machine Learning21 Oct 2026, 05:00 PM IST

U.S. Orders Federal Civilian Agencies to Strip DeepSeek AI From Systems Over Security Fears

The United States has directed federal civilian agencies to remove DeepSeek products and third-party services built on its technology from government systems, escalating Washington’s effort to limit exposure to Chinese AI tools. The move reflects mounting concern that frontier AI platforms can create data, cybersecurity and supply-chain risks inside sensitive public-sector networks.

5 min readRead →

Banking, Fintech & Insurance21 Oct 2026, 08:00 AM IST

Federal Bank Names Cognizant Executive Rajesh Varrier as Independent Director

Federal Bank has appointed Rajesh Varrier, president of global operations at Cognizant, as a non-executive independent director on its board, adding a senior technology and operations leader to its governance structure. The move comes shortly after the lender reported a sharp rise in September-quarter profit and net interest income, underscoring a period of operational strength and strategic momentum.

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Defence, Intelligence & Aerospace19 Oct 2026, 08:00 PM IST

New York National Guard Engineer Battalion Mobilizes for Southern Border Federal Mission

New York Army National Guardsmen assigned to the 204th Engineer Battalion have taken part in mobilization ceremonies ahead of a federal deployment to the southern border, underscoring the continuing use of National Guard engineering units in domestic support missions. The move reflects the federal government’s reliance on reserve-component forces for infrastructure, logistics, and operational support in a politically sensitive border environment.

5 min readRead →

Defence, Intelligence & Aerospace16 Oct 2026, 02:16 PM IST

New York National Guard Engineer Battalion Mobilizes for Southern Border Federal Mission

New York Army National Guard soldiers assigned to the 204th Engineer Battalion have taken part in mobilization ceremonies ahead of a federal deployment to the U.S. southern border. The move underscores the continuing use of National Guard engineering units in domestic support missions tied to border security and infrastructure operations.

5 min readRead →

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Washington, D.C.(1)Federal Reserve(1)