DOJ inspector general Michael Horowitz picked as new watchdog for Fed and CFPB – Washington Examiner
Michael Horowitz,the current Inspector General of the Justice Department,has been appointed as the new watchdog for the Federal Reserve and the Consumer Financial Protection Bureau (CFPB) by Federal Reserve Chair Jerome Powell. Horowitz is recognized for previously uncovering issues within the FBI’s investigation into allegations of Russian collusion against former President Donald Trump, who expressed support for Horowitz’s work and retained him through the transition from the Obama administration. He will take over the role from Mark Bialek, who retired after 14 years. The Inspector General’s Office is responsible for ensuring efficiency and integrity in both agencies,as well as preventing waste,fraud,and abuse. Horowitz has had a long career in government and law, having served in various capacities at the DOJ since 1991.
DOJ inspector general Michael Horowitz picked as new watchdog for Fed and CFPB
Federal Reserve chair Jerome Powell on Friday chose Justice Department Inspector General Michael Horowitz to serve as his agency’s watchdog as well as the Consumer Financial Protection Bureau’s.
Horowitz previously revealed problems with the FBI’s investigation into President Donald Trump for Russian collusion. Trump praised him for his role in the investigation, and he was one of the few inspector generals the administration kept on from the Obama administration.
“Michael Horowitz, we’re keeping,” Trump said in January, praising Horowitz for an “accurate, well-done report” on former FBI Director James Comey.
Horowitz will replace Mark Bialek, who retired as the Federal Reserve and CFPB’s Inspector General after 14 years.
“Michael E. Horowitz has been appointed to lead the Federal Reserve Board’s Office of Inspector General (OIG) effective June 30, 2025. By statute, the Federal Reserve’s OIG also serves in that same role for the Consumer Financial Protection Bureau (CFPB), an agency financed by, but autonomous from, the Federal Reserve,” the Federal Reserve said in a statement. “The OIG is tasked with making recommendations to improve the efficiency and effectiveness of the agencies, as well as preventing and detecting waste, fraud, and abuse.”
Horowitz had been the Justice Department’s Inspector General since 2012 under the second Obama administration. Before that, he worked in private practice and for the DOJ from 1991 to 2002 as an assistant U.S. attorney and then Deputy Assistant Attorney General and chief of staff.
HERE ARE THE LAWSUITS TARGETING TRUMP’S EXECUTIVE ORDERS
The Federal Reserve is one of the few agencies left that hasn’t seen its leader, Powell, replaced by the Trump administration.
The administration had tried to dismantle the CFPB, but a court blocked them from doing so.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Auto Amazon Links: Could not resolve the given unit type, . Please be sure to update the auto-insert definition if you have deleted the unit.