Washington D.C., February 1, 2025: A former senior adviser to the Federal Reserve has been arrested on charges of leaking sensitive U.S. trade secrets to China, the Justice Department announced. The arrest follows a months-long investigation into allegations that the individual shared confidential economic data and policy insights with Chinese officials, undermining national economic security.
According to federal prosecutors, the accused leveraged their position at the Federal Reserve to access classified information, including key trade strategies and financial policy decisions. The Justice Department emphasized the severity of the breach, noting that the case underscores ongoing threats to U.S. economic and technological interests. Authorities are continuing their investigation to determine the full extent of the information compromised.
