Chinese intelligence has a systematic and well-funded campaign that successfully recruits U.S. Federal Reserve System economists and others to provide sensitive financial information and data in exchange for money and other benefits, according to Sen. Rob Portman (R-Ohio).
“This investigation makes clear that China’s malign efforts at influence and information theft are not limited to science and technology fields. American economic and monetary policy is also being targeted by the Chinese government,” Portman, the top Republican on the Senate Committee on Homeland Security and Governmental Affairs (HSGAC), said in a statement in conjunction with the release of a new report by congressional investigators.