Federal Reserve and Senate Republicans spar over allegations of Chinese influence

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Senate 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

Washington .

Minority staff from the Senate Homeland Security and Governmental Affairs Committee issued a report on Tuesday morning detailing five"case studies" of individuals whose conduct and connections to Chinese academic and state institutions they described as a potential concern. The individual employees -- four of whom are current employees, according to a committee aide -- are not identified by name.

 

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