Teaching or Treason? U.S. Alleges Fed Economist Spied for Beijing
27th May 2025
In May 2013, John Rogers, a longtime Federal Reserve economist, was in Shanghai for an academic forum when he received an email that would eventually alter the course of his life and career.
The message was from someone claiming to be a Chinese graduate student. Rogers says he declined an offer of payment but kept in touch, later accepting an all-expenses-paid invitation to return to China. That visit, U.S. prosecutors allege, marked the beginning of a yearslong effort by Chinese intelligence to extract sensitive information from inside one of the most important economic institutions in the United States.