Fed taps Horowitz as next inspector general

News | June 6, 2025
House Oversight Committee on fraud and wasteful spending during the pandemic in Washington, U.S.

WASHINGTON (Reuters) – The Federal Reserve announced on Friday that Michael Horowitz had been appointed to serve as the central bank’s new inspector general.

Horowitz, who most recently served as the Justice Department’s inspector general, replaces Mark Bialek, who retired in April. As Fed IG, Horowitz is also responsible for serving as the independent watchdog of the Consumer Financial Protection Bureau.

(Reporting by Pete Schroeder; Editing by Leslie Adler)