ANNALS OF TRUMPI$TAN: F.B.I. Arrests C.I.A. Official With $40 Million in Gold Bars in His Home (Devlin Barret & Julian E. Barnes, NY Times, May 27, 2026)

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From The New York Times:

F.B.I. Arrests C.I.A. Official With $40 Million in Gold Bars in His Home

The only charge lodged against David Rush is that he inflated his academic credentials and obtained military leave pay worth tens of thousands of dollars.

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The C.I.A. was “unable to locate the gold bars or significant amounts of the foreign currency,” the court papers charged.Credit...Tom Brenner for The New York Times

By Devlin Barrett and Julian E. Barnes

Reporting from Washington

May 27, 2026

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A senior C.I.A. official was arrested last week after investigators found hundreds of gold bars worth over $40 million stashed in his Virginia residence, a small fortune that he apparently brought home from work, according to court papers.

The official, David Rush, is being held in jail while he awaits a detention hearing in the coming days on charges of stealing public money by filling out fraudulent time sheets. The charging documents filed in Alexandria, Va., still leave a lot unanswered about his recent conduct.

The only charge lodged against Mr. Rush is that he inflated his academic credentials and obtained military leave pay worth tens of thousands of dollars. The authorities say he falsely claimed to be a member of the Navy Reserve when he was discharged.

The court papers describe Mr. Rush as a “former senior executive service-level employee at a United States government agency.” People familiar with the investigation say he until very recently held a senior position at the C.I.A.

In a joint statement, the C.I.A. and F.B.I. said the arrest occurred on May 19, after the agency alerted the bureau.

“After a C.I.A. internal investigation identified potential violations of the law, C.I.A. Director John Ratcliffe referred the information to the F.B.I. for a law enforcement investigation,” the statement said. 

A lawyer for Mr. Rush declined to comment. A woman answering the phone at Mr. Rush’s house hung up on a reporter.

From last November to March, the court papers say, Mr. Rush asked for, and received, “a significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses.”

When the C.I.A. conducted a review of where the gold and currency were stashed, the agency was “unable to locate the gold bars or significant amounts of the foreign currency,” according to court papers.

On May 18, F.B.I. agents searched Mr. Rush’s home and found “approximately 303 gold bars, each of which weighed approximately one kilogram,” according to an affidavit. Based on the price of gold, the affidavit said, the estimated value of the gold exceeded $40 million. Investigators also seized nearly three dozen luxury watches, many of them Rolexes.

The court papers do not indicate why Mr. Rush appears to have kept so much gold, and $2 million in U.S. currency, in his home, or what work project would have required him to amass such wealth.

Mark Mazzetti contributed reporting.

Devlin Barrett covers the Justice Department and the F.B.I. for The Times.

Julian E. Barnes covers the U.S. intelligence agencies and international security matters for The Times. He has written about security issues for more than two decades.