by Natalie Winters at Natalie Winters Substack
A decade-long infiltration campaign by the Chinese Communist Party has penetrated the Federal Reserve—coercing employees, stealing sensitive data, and compromising America’s financial core.
Most Americans have heard about Chinese spies targeting our military or hacking private companies. But there’s another front in this quiet war, one that’s gone largely unreported—and it may be the most dangerous of all: China’s long game to infiltrate and manipulate the United States Federal Reserve.
A 2022 Senate investigation offered a rare glimpse into this operation, but even that barely scratches the surface. What’s playing out behind closed doors isn’t just a few bureaucratic missteps or naïve collaborations—it’s a full-blown economic espionage campaign.
This is warfare without bullets.
The Fed: A Prime Target for Chinese Espionage
The Federal Reserve is the engine of the U.S. economy. Its decisions move markets, shape global capital flows, and set the tone for the world’s monetary system. Infiltrating the Fed doesn’t just give China intelligence – it gives them influence.
Over at least a decade, the CCP has targeted Fed employees through a mix of coercion, recruitment offers, unauthorized data access, and propaganda partnerships, mostly hidden behind Chinese academic institutions and think tanks.
According to this damning Senate report,…
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