Top Republican Alleges China Has Been Spying on Fed for At Least a Decade

A report charges that China uses the Federal Reserve’s collaborative research policies and programs in myriad ways to get inside information on the bank’s inner workings.

AP/Pablo Martinez Monsivais
The U.S. Federal Reserve. AP/Pablo Martinez Monsivais

China for at least a decade has been attempting to recruit spies or otherwise infiltrate the U.S. Federal Reserve in an effort to glean inside information on American monetary policy and other sensitive economic data, according to a report released Tuesday by a Republican senator on the homeland security committee.

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