by Abby Liebing at The Western Journal
For the past nine years, the Chinese government has allegedly been trying to tamper with the Federal Reserve in an attempt to undermine American monetary policy.
In a report released on Tuesday by Republicans on the Senate Homeland Security and Government Affairs Committee, the Chinese government has apparently tried to obatin sensitive internal information and build a network of influence and informants inside the Federal Reserve, CNBC News reported.
The report from the committee outlined that several Federal Reserve employees known as the “P-Network” raised concerns with their foreign travel patterns and educational backgrounds.
For example, one of these employees was detained four times during a 2019 trip to Shanghai and Chinese officials “threatened the individual’s family unless the individual provided them with economic information and assistance,” Fox News reported.
There are reports of other Federal Reserve employees who had “close ties” to the People’s Bank of China, Chinese academic institutions and Xinhua News agency, which is a state-run…
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