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A former federal reserve official was arrested on Friday after American prosecutors accused him of passing economic secrets to China.
John Harold Rogers, the chief adviser to the International Finance Department of the Federal Reserve from 2010-21, used his location to reach sensitive data on the definitions targeting China, the surroundings of senior officials, policy interventions and advertisements, according to the indictment changed in the US Federal Court in Washington, DC, DC, DC, DC, DC, DC, DC, DC, DC, DC, DC, DC, Friday.
Rogers, a 63 -year -old Virginia resident, was accused of transferring sensitive information to his personal email account before printing it and transferring it to the disguised Chinese officials as graduate students.
“Under Star” “Lessons” teaching, Rogers met with conspirators participating in hotel rooms in China, where he transferred sensitive and commercial secret information that belongs to [Federal Reserve Board] and [Federal Open Market Committee]The Ministry of Justice announced the charges, adding that the economist had paid about 450,000 dollars as a part -time professor at a Chinese university.
Rogers’s lawyer could not immediately reach the comment.
The Chinese government is one of the largest global Treasury holders in the United States, which was bought by the Federal Reserve Bank in large quantities under several quantitative reduction packages, which was after the 2008 global financial crisis even during the Korona virus.
Use interest rate decisions can also affect future monetary policy movements, and it is among the reports that have been closely monitored through global financial markets.
The numbers of the US Treasury turned out that as of November, China has officially occupied $ 768.6 billion of debt, making it the second largest foreign holder after Japan.
The indictment claims that sensitive information has been shared from “at least 2018” with the alleged Chinese conspirators “who worked in the intelligence and security service in China and who put up graduate students in A. [Chinese] university”.
A federal reserve spokesman declined to comment.
This is a developing story
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2025-01-31 23:21:00
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