![]() ![]() ![]() "We would be concerned about any supportable allegation of wrongdoing, whatever the source," Powell wrote. Jerome Powell, chairman of the Federal Reserve, sent a letter obtained by the Washington Examiner back to Portman to express "strong concerns about assertions" in his report. I urge the FBI and the Fed to do more to counter this threat from one of our foremost foreign adversaries.” “I am concerned by the threat to the Fed and hope our investigation, which is based on the Fed’s own documents and corresponds with assessments and recommendations made by the FBI, wakes the Fed up to the broad threat from China to our monetary policy,” Portman told the Washington Examiner. The Senate report said the actions of those individuals and their connections to Chinese talent programs are “alarming” and provide “stark examples of the ways in which the Chinese Government has attempted to gain access to sensitive internal information and influence” the Fed.ĬHINA MADE HUGE LAND PURCHASE JUST MINUTES FROM TOP SECRET US MILITARY DRONE BASE “Federal Reserve investigators dubbed these individuals, representing no fewer than 8 of the 12 Federal Reserve Banks, as the P-Network.” “A Federal Reserve counterintelligence analysis identified 13 persons of interest as having connections with known Chinese talent recruitment plan members or ‘having similar patterns of activity the analysts deemed’ of potential concern,” the new report says. The FBI has repeatedly warned about China’s Thousand Talents economic espionage program. ![]() Rob Portman (R-OH) released a minority staff report for the Homeland Security and Governmental Affairs Committee that details how the Federal Reserve System has been targeted by Beijing. The Federal Reserve has been repeatedly targeted by the Chinese government as part of a large-scale economic espionage effort, according to a Republican investigator. ![]()
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