June 24 (Bloomberg) -- U.S. Congressman Darrell Issa said the Federal Reserve “engaged in a cover-up” about details of Bank of America Corp.’s takeover of Merrill Lynch & Co. The Fed “deliberately hid concerns and pertinent details” of the merger from other government agencies, Issa, a Republican from California, said in an e-mailed statement.

To contact the reporter on this story: Alec McCabe in New York at amccabe@bloomberg.net

Last Updated: June 24, 2009 13:32 EDT