In a letter to lawmakers, Ms. Yellen said the release of sensitive details from a Fed policy meeting is the subject of an open criminal investigation by the Fed's inspector general and the Justice Department.
"The timing, pace, breadth and nature of that investigation are solely the province of the OIG and the Department of Justice," Ms. Yellen said in the letter to House Financial Services Committee Chairman Jeb Hensarling (R., Texas) and Rep. Sean Duffy (R., Wis.), who heads the committee's oversight panel.
The committee issued a subpoena to the Fed May 21 seeking documents related to the publication of details of market-sensitive policy deliberations in October 2012. Ms. Yellen told the committee the Fed was advised against complying fully with the subpoena because of a continuing criminal probe into the matter.
In a June 17 letter to Ms. Yellen, the lawmakers accused the Fed of "willful obstruction of this committee's lawful investigation."
In her letter Monday, Ms. Yellen reiterated that the Fed's inspector general had advised the Fed that sharing records and information related to the IG and DOJ investigations with the committee "would risk jeopardizing that ongoing criminal investigation, and that the Department of Justice shares that concern."
"We remain committed to working with the committee to fulfill its requests with respect to this matter once the OIG and the Department of Justice inform us that providing access to information will no longer impede their ongoing criminal investigation," she said.
Write to Kate Davidson at kate.davidson@wsj.com
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(END) Dow Jones Newswires
June 22, 2015 17:20 ET (21:20 GMT)
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