Police stand in front of the Federal Reserve Bank on October 17, 2012 in New York City. A Bangladeshi national was arrested Wednesday by Federal Authorities for allegedly plotting to blow up the Federal Reserve Bank in New York City.

Federal officials have arrested a suspect that they say was plotting to attack the Federal Reserve's building in New York City, according to a report from NBC 4 News.

Officials arrested Quazi Mohammad Rezwanul Ahsan Nafis, a 21 year old Bangladeshi national, in downtown New York and charged him with attempting to use a weapon of mass destruction, and attempting to provide material support to al Qaeda.