Board Activity

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. For more information about the Board of Governors of the Federal Reserve System, please visit www.federalreserve.gov.

• News Release: November 22, 2024

  Co-Founders of Paycheck Protection Program Lender Service Provider Charged for COVID-19 Relief Fraud Scheme

• News Release: November 19, 2024

  Former Senior Manager of Federal Reserve Bank of Richmond Pleads Guilty to Insider Trading and Making False Statements

• Report: October 31, 2024

  2024 Audit of the Board's Information Security Program

• News Release: October 24, 2024

  Federal Jury Convicts Two Former Broward Deputy Sheriffs of COVID-19 Relief Fraud

• News Release: October 18, 2024

  Lancaster Man Sentenced for COVID Relief Fraud

• News Release: October 17, 2024

  Jefferson City Man Sentenced for $26 Million Bank Fraud Scheme

• News Release: October 16, 2024

  Florida Woman Pleads Guilty to Conspiring to Prepare Fraudulent Loan Applications Totaling More Than $400,000

• News Release: September 26, 2024

  Pennsylvania Man Sentenced to 78 Months in Prison for $4.8 Million Cares Act Loan Fraud Scheme

• Report: September 25, 2024

  The Board Can Strengthen Its Hiring Practices to Help Mitigate Bias and Reinforce Its Commitment to Ensuring a Diverse Workforce

• Report: September 23, 2024

  FRB Minneapolis Followed Its Paycheck Protection Program Liquidity Facility Collateral Risk Management Processes and Can Enhance Monitoring and Collection Processes

• News Release: September 6, 2024

  Nevada Man Convicted of $11.2 Million COVID-19 Fraud

• News Release: September 4, 2024

  Report of Investigation on the Closing of 23-0020-I Federal Reserve Bank of Atlanta President's Trading Activity

• Report: September 4, 2024

  Calendar Years 2022 and 2023 Risk Assessment of the Board's Purchase Card Program

• News Release: August 27, 2024

  Broward Deputy Sheriff and SWAT Team Member Sentenced to Prison for COVID-19 Relief Fraud

• News Release: August 19, 2024

  Former CEO of Failed Bank Sentenced to Prison

• News Release: August 12, 2024

  Two New York City Police Department Detectives and Two Others Charged in Paycheck Protection Program Fraud Scheme

• News Release: August 1, 2024

  Former Ericson State Bank President Sentenced for Bank Fraud

• News Release: July 25, 2024

  Florida Man Sentenced to 3 Years in Prison for Fraudulently Obtaining $2.4 Million in CARES Act Loans

• News Release: June 19, 2024

  Former Vice President and Branch Manager of Popular Bank Convicted of Fraud and Money Laundering Charges

• News Release: June 17, 2024

  Fredericksburg Man Pleads Guilty to Defrauding COVID-19 Relief Program

• News Release: June 7, 2024

  Broward Deputy Sheriff and SWAT Team Member Convicted at Trial of COVID-19 Relief Fraud

• News Release: May 30, 2024

  Former Broward Deputy Sheriff Sentenced to Federal Prison for COVID-19 Relief Fraud

• News Release: May 23, 2024

  Fmr. Executive Pleads Guilty After Losing Bank's $47.1 Million in Crypto Scheme

• News Release: May 21, 2024

  Federal Information Security Modernization Act of 2014 Capstone Report, Fiscal Years 2020–2023

• News Release: May 17, 2024

  Former IRS Revenue Officer and His Brother Among Six Defendants Sentenced to Prison in Multi-Million-Dollar Covid-19 Fraud Scheme

• News Release: May 13, 2024

  Calaveras County Man Sentenced for COVID-19 Paycheck Protection Program Fraud

• News Release: May 2, 2024

  Former Ericson State Bank President Pleads Guilty to Bank Fraud

• Report: April 10, 2024

  Results of Security Control Testing of the Board's Embargo Application

• News Release: April 10, 2024

  Brockton Man Sentenced for Fraudulently Obtaining More Than $1.5 Million in COVID-Relief Funds

• News Release: March 29, 2024

  Jefferson City Man Pleads Guilty to $12 Million Bank Fraud Scheme

• News Release: March 29, 2024

  Man Sentenced for Wire Fraud and Received Sentence Enhancement for Lying to the Court

• News Release: March 14, 2024

  Las Vegas Man Sentenced to Prison for COVID-19 Relief Loan Scheme Committed While on Supervised Release

• News Release: March 12, 2024

  Argus Information & Advisory Services Agrees to Pay $37M to Settle Allegations That It Misused Data Obtained Under Government Contracts

• Report: March 7, 2024

  Board of Governors of the Federal Reserve System Financial Statements as of and for the Years Ended December 31, 2023 and 2022, and Independent Auditors' Reports

• News Release: March 7, 2024

  Man Charged for $10M COVID-19 Relief Fraud Scheme

• News Release: March 6, 2024

  Broward Sheriff's Office Deputy Convicted at Trial of COVID-19 Relief Fraud

• Report: February 22, 2024

  Federal Financial Institutions Examination Council Financial Statements as of and for the Years Ended December 31, 2023 and 2022, and Independent Auditors' Report

• Report: February 21, 2024

  Results of Security Control Testing of the Board's Projection Collection System

• News Release: February 12, 2024

  Former Kansas Bank Executive Charged With Embezzling $47 Million

• Report: February 7, 2024

  Material Loss Review of Heartland Tri-State Bank

• News Release: February 2, 2024

  Former Broward Sheriff's Office Lieutenant Charged With COVID-19 Relief Fraud Scheme

• News Release: January 31, 2024

  Las Vegas Resident Sentenced to Prison for COVID-19 Relief Loan Scheme Committed While on Supervised Release

• News Release: January 23, 2024

  Woman Sentenced for Gambling Away Pandemic and Economic Crisis Loan

• News Release: January 18, 2024

  Report of Investigation on the Closing of 22-0028-I Board Trading Activity

• News Release: January 18, 2024

  Report of Investigation on the Closing of 22-0030-I Reserve Bank Trading Activity

• News Release: January 9, 2024

  Former Social Media Influencer Sentenced to 3 Years in Federal Prison for Scheming to Obtain More Than $1.2 Million in COVID-19 CARES Act Loans

• Report: January 8, 2024

  The Board Should Provide Staff With Guidance on Controlled Unclassified Information

• News Release: December 20, 2023

  Former Bank Teller Sentenced for Stealing Nearly $90,000 Deposited by Georgia Convenience Store

• News Release: December 19, 2023

  Brockton Man Pleads Guilty to Fraudulently Obtaining More Than $1.5 Million in COVID-Relief Funds

• Report: December 11, 2023

  Results of Scoping of the Evaluation of the Board's Intelligence Programs

• Report: November 27, 2023

  Results of Security Control Testing of a Videoconferencing Platform Used by the Board