Bangladeshi man pleads not guilty to New Y ork Federal Reserve bomb plot NEW YORK (Reuters) - A Bangladeshi man arrested in a sting operation denied on Tuesday charges that he attempted to blow up the Federal Reserve Bank in New York last month with what authorities say he believed was a 1,000-pound (450-kg) bomb. During a brief hearing in Brooklyn federal court, Quazi Mohammad Rezwanul Ahsan Nafis, 21, pleaded not guilty to a two-count indictment charging him with attempting to use a weapon of mass destruction and attempting to provide material support to a U.S.-designated foreign terrorist organization, al Qaeda. Nafis appeared in court wearing a tan prison jumpsuit and did not speak during the hearing. His lawyer and a lawyer for the government, James Loonam, said discussions were being held about a possible plea negotiation. His lawyer and a spokesman for the U.S. attorney's office in Brooklyn declined to comment to reporters. From Bangladesh, the suspect's father has denied his son was involved and said he was the victim of a "racist conspiracy." Nafis was arrested on October 17 after pulling up to the Federal Reserve near Wall Street and attempting to detonate what he believed to be a van packed with explosives. The inert explosives had been provided to Nafis by an undercover agent as part of a sting operation, federal authorities said. The complaint alleged he scouted out targets for a potential attack, considering the New York Stock Exchange and a high-ranking government official identified as U.S. President Barack Obama. He eventually settled on the Federal Reserve Bank, the complaint said. One of the individuals he brought onboard was an undercover agent working for the FBI, who monitored Nafis' activities and helped arm him with the inoperable explosives, federal authorities said. Nafis is scheduled to appear next in court on January 9. Editing by Daniel Trotta and Mohammad Zargham