Chinese official accuses US lawmakers of 'Chinaphobia' after report on meddling in Federal Reserve

"The Coming Collapse of China" author discusses a potential invasion of Taiwan, telling 'Varney & Co.' it's 'very clear' China senses weakness in the Biden administration.U.S. Senate committee released a report

alleging that China has targeted the U.S. Federal Reserve in an attempt to undermine American monetary policy for nearly a decade. "The so-called report you mentioned is political disinformation fabricated by a handful of Senate Republicans and completely ungrounded," Chinese Foreign Ministry spokesperson Zhao Lijian said at a press briefing on Wednesday. "It seems that some U.S. politicians might be suffering a ‘Chinaphobia’ or persecutory delusion, and displaying quite serious symptoms.

The Federal Reserve Board building on Constitution Avenue is pictured in Washington on March 19, 2019. One employee attempted "to transfer large volumes of data from the Federal Reserve to an external site," while another employee gave "modeling code" to a Chinese university tied to China's central bank, according to the report.

Easy to see who’s bought and paid for

🤣

We have communism and control Phobia. Not having to do with race.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China targeted the Fed for more than a decade, Senate report findsLawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
Source: washingtonpost - 🏆 95. / 72 Read more »

BREAKING: Bitcoin Surges to Intraday High After Fed Rate HikeThe U.S. Federal Reserve has announced another massive rate hike in an attempt to curb inflation
Source: Utoday_en - 🏆 295. / 63 Read more »

Interest rate hike expected as Federal Reserve officials gather in Washington this weekThe rate is one of several key pieces of economic data expected to be released this week.
Source: ALNewsNetwork - 🏆 583. / 51 Read more »

China targeted Federal Reserve employees in an attempt to undermine American monetary policy: Senate reportFor nearly a decade, China has been targeting Federal Reserve employees in an attempt to undermine American monetary policy, according to a Senate report.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Federal Reserve and Senate Republicans spar over allegations of Chinese influenceSenate Republicans are sparring with the Federal Reserve over what the GOP lawmakers say has been a gross failure by the Fed to combat Chinese efforts to gain influence there Funny the GOP never minded the support from Putin's Russia
Source: CNN - 🏆 4. / 95 Read more »

China tried to recruit informants inside Federal Reserve, says GOP reportSince at least 2013, the report found, China has targeted the Federal Reserve System and sought to recruit U.S.-based economists to share information in exchange for money and other benefits.
Source: NBCNews - 🏆 10. / 86 Read more »