Published 2 years ago

China Targeted Fed to Build Informant Network, Access Data, a Probe Says

Summary by Ground News

Sen. Rob Portman, a Republican from Cincinnati, said the Fed's own investigations had identified several employees with connections to Chinese talent recruiters. The report comes amid already-heightened tension between the U.S. and China over the possibility that House Speaker Nancy Pelosi visits Taiwan.

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Reuters

Fed not adequately prepared to thwart Chinese information gathering: report

The Federal Reserve does not have adequate systems to counter a "malign" effort by China to gather inside information on the U.S. economy and monetary policy, according to a report that was prepared by Republican staff of the Senate Homeland Security Committee, and promptly rejected by the Fed as "unfair, unsubstantiated, and unverified."

2 years ago·United Kingdom

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Washington Times

Senate investigation reveals China’s effort to infiltrate Federal Reserve

China is actively trying to recruit U.S.-based economists to feed information back to Chinese officials and has even managed to place cooperating sources inside America’s Federal Reserve banking system, according to a new Senate report Tuesday.

2 years ago·United States

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IBTimes

Fed Not Adequately Prepared To Thwart Chinese Information Gathering -report

2 years ago·United States

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Financial Post

Fed not adequately prepared to thwart Chinese information gathering -report

WASHINGTON -- The Federal Reserve does not have adequate systems to counter a "malign" effort by China to gather inside information on the U.S. economy and monetary policy, according to a report that was prepared by Republican staff of the Senate Homeland Security Committee, and promptly rejected by the Fed as "unfair, unsubstantiated, and unverified." Read More

2 years ago·Canada

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Bloomberg

China Seeking To Infiltrate Fed, Senior Senate Republican Says

A senior U.S. Republican lawmaker accused China of a broad campaign to obtain confidential information from the Federal Reserve.

2 years ago·United States

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OAN

Fed not adequately prepared to thwart Chinese information gathering -report

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve does not have adequate systems to counter a “malign” effort by China to gather inside information...

2 years ago·San Diego, United States

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