Top Federal Reserve Officials With Known Links To China Still Have Their Jobs, Senate Republican Report Says

Top Federal Reserve Officials With Known Links To China Still Have Their Jobs, Senate Republican Report Says


The Chinese government carried out a decade-long information theft campaign against the Federal Reserve, a report released Tuesday from Republican members of the Senate Committee on Homeland Security and Governmental Affairs revealed.

The Federal Reserve, charged with executing a dual mandate of maximum employment and stable prices, is presently determining policy to navigate the United States economy through the highest inflation rates in four decades. The report found that China — which holds nearly $1 trillion in Treasury securities — has used talent plan recruitment and promises of academic positions in an effort to gain influence and glean information from the central bank.

“The Chinese government makes no secret of wanting to be the world superpower,” the report said. “No sector or institution is off limits, and

Trending: DEVELOPING: FBI RAIDS Mar-A-Lago: “Under Seige, Occupied;” Cheers Breaking Out in Biden White House

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend