China targeted Federal Reserve employees in an attempt to undermine American monetary policy: Senate report

Federal Reserve Chairman Jerome Powell said he is 'troubled' by the report's 'unfair, unsubstantiated and unverified insinuations'

Paul Best / FOXBusiness 

 

The Chinese government has targeted the Federal Reserve in an effort to undermine American monetary policy since at least 2013, according to a report released Tuesday by Republicans on the Senate Homeland Security and Government Affairs Committee. 

The report detailed the actions of several Federal Reserve employees known as the "P-Network," whose foreign travel patterns and academic backgrounds raised concerns internally. 

One of these employees was detained four times during a 2019 trip to Shanghai as Chinese officials "threatened the individual’s family unless the individual provided them with economic information and assistance." 

Other Federal Reserve employees also had "close ties" to the People’s Bank of China, Chinese academic organizations, and the state-owned Xinhua News Agency, according to the report. Read more and see video here.

Whistleblowers: FBI/DOJ Deep State Working Overtime to Protect Hunter Biden

Matt Vespa / Townhall Tipsheet

 

Let me just say I am shocked CBS News allowed this to be published. It’s from former Fox News reporter Catherine Herridge. It’s about something we all know well in the DC swamp. The Department of Justice and the Federal Bureau of Investigation are out of control. They worked hard to hamstring Donald Trump. They spied on his campaign in 2016 through Crossfire Hurricane. And they worked on manufacturing evidence to prop up a bogus story about the Kremlin tilting the election in Trump’s favor. The Russian collusion was a total myth. Then-FBI Director James Comey knew that it was a myth. He had to have known. He knew the Trump dossier was a Hillary Clinton campaign-funded opposition research project compiled by ex-MI6 spook Christopher Steele. Still, they went along with it. DOJ officials doctored evidence to secure FISA spy warrants on specific Trump campaign officials, like Carter Page.

Now, the FBI is running amok again with Hunter Biden stories. Whistleblowers have been coming out of the woodwork to Sen. Chuck Grassley (R-IA), alleging…Read more here.