The CNMI House continues its week-long session filled with testimony from those involved in the Boost program, which stands for "building optimism, opportunities, and stability together."

It provides financial assistance to local businesses and nonprofits in the form of grants provided by the local government through federal funds.

Amid the testimony of Bank of Saipan President and CEO John Arroyo on the hill, FBI agents were seen searching the bank, which also administers the Boost program, Monday afternoon. This comes just as the FBI executed a warrant at the CNMI Department of Public Safety on Friday.

KUAM News spoke with James Curry with FBI-Honolulu public affairs who said, "I can confirm an FBI investigation, but because the investigation is ongoing, we can't share anything additional at this time."

Legislators also questioned Arroyo on the developments during the hearing.

"They were there," Arroyo said. "I have to get some information from the legal counsel on how much I can disclose about the reason behind their visit."

His legal counsel, Matt Gregory, told the house joint committee that the FBI asked them not to discuss the matter and that they were issued a federal subpoena and not a warrant. It's unclear if the FBI investigation is related to the Boost program, which has awarded more than $10 million to 431 businesses and nonprofits.