What are the responsibilities and job description for the Summer 2026 Intern – Summer Law Clerk (OIG) position at Federal Reserve Board?
Position Description
Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
0
Summary
The Office of Inspector General (OIG) for the Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB) is hiring paid law clerks to support the Office of Legal Services. The Federal Reserve is the central bank of the United States and is responsible for conducting the nation’s monetary policy, promoting the stability of the financial system, and promoting the safety and soundness of individual financial institutions. The CFPB regulates consumer financial products and services and empowers consumers to make better-informed financial decisions. The OIG is the independent and objective oversight authority for the Board and the CFPB.
The OIG conducts audits, investigations, and other reviews of the programs and operations of the Board and the CFPB, to assess and promote economy, efficiency, and effectiveness in these programs and operations while helping to prevent and detect fraud, waste, and abuse. Within the OIG, the Office of Legal Services is the independent legal counsel to the IG and the OIG staff. The Office of Legal Services law clerk will assist in providing comprehensive legal advice, research, counseling, critical analysis, and representation in support of OIG projects and activities.
Position Requirements
Principal Duties and Responsibilities
Introduction to the OIG: https://oig.federalreserve.gov/introduction.htm
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
Primary Location
DC-Washington
Employee Status
Temporary
Overtime Status
Non-exempt
Job Type
Internship
Relocation Provided
No
Compensation Grade Low
FH Pay Grade 22
Compensation Grade High
FH Pay Grade 22
Minimum Salary
$32.21
Maximum Salary
$50.63
Posting Date
Jan 5, 2026
Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
0
Summary
The Office of Inspector General (OIG) for the Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB) is hiring paid law clerks to support the Office of Legal Services. The Federal Reserve is the central bank of the United States and is responsible for conducting the nation’s monetary policy, promoting the stability of the financial system, and promoting the safety and soundness of individual financial institutions. The CFPB regulates consumer financial products and services and empowers consumers to make better-informed financial decisions. The OIG is the independent and objective oversight authority for the Board and the CFPB.
The OIG conducts audits, investigations, and other reviews of the programs and operations of the Board and the CFPB, to assess and promote economy, efficiency, and effectiveness in these programs and operations while helping to prevent and detect fraud, waste, and abuse. Within the OIG, the Office of Legal Services is the independent legal counsel to the IG and the OIG staff. The Office of Legal Services law clerk will assist in providing comprehensive legal advice, research, counseling, critical analysis, and representation in support of OIG projects and activities.
Position Requirements
Principal Duties and Responsibilities
- Conducts legal research (e.g., statutes, regulations, case law, policies).
- Writes memoranda, correspondence, case law briefs, and legislative summaries.
- Attends and participates in client meetings.
- Applicant must be a current 1L.
- Applicants should have an enthusiasm for seeking out opportunities to learn new legal skills; excellent oral communication, research, and writing skills; and initiative to see projects to completion while multi-tasking in a workplace environment.
- To apply, submit a resume, a writing sample, and a cover letter that indicates why you wish to work for the OIG. Transcripts will be required when grades become available.
- The internship location is in Washington, DC, primarily onsite. The internship includes participation in various Board events. In-person presence at these events is strongly recommended.
Introduction to the OIG: https://oig.federalreserve.gov/introduction.htm
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
Primary Location
DC-Washington
Employee Status
Temporary
Overtime Status
Non-exempt
Job Type
Internship
Relocation Provided
No
Compensation Grade Low
FH Pay Grade 22
Compensation Grade High
FH Pay Grade 22
Minimum Salary
$32.21
Maximum Salary
$50.63
Posting Date
Jan 5, 2026
Salary : $32 - $51