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China Tried To Build Spy Network Inside The Fed, Threatened To Kidnap Fed Economist
China tried to place "a network of informants inside the Federal Reserve system" over the course of a decade, according to a stunning new article out this morning from the Wall Street Journal. Over 10 years, Fed employees were offered contracts with Chinese talent recruitment programs, often including cash payments, in exchange for providing information on the U.S. economy and interest rate changes, according to an investigation by Republican staff members of the Senate’s Committee on Homeland Security and Governmental Affairs. The country even threatened to imprison a Fed economist on a trip to Shanghai as apart ... (full story)
