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Inside Man: How Chinese Spies Used Lies, Romance And Betrayal To Target The Federal Reserve

DeFi Daily News by DeFi Daily News
September 30, 2026
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One week after a friendly summit between Chinese President Xi Jinping and U.S. President Donald Trump, CNBC details an aggressive plot by China to infiltrate one of the United States’ most important institutions: the Federal Reserve. This explosive documentary delves into the incredible saga of a Chinese spy’s effort to obtain secrets from the inner confines of the U.S.’ top bank. It’s a tale of sex, money, deceit and betrayal that put some of the country’s vital economic and financial secrets at risk. With exclusive access to new documents, audio, photos and text messages, CNBC’s Senior Washington Correspondent Eamon Javers uncovers the story of former Fed economist John Rogers and a Chinese spy posing as an economics student who he befriended in 2013. “Inside Man” is a spy story at the heart of the competition for global economic dominance, posing the question of whether Rogers was a spy himself or an unwitting dupe.

Chapters:
00:00 Introduction
02:44 Chapter 1: Building the relationship
09:04 Chapter 2: Committing espionage?
16:47 Chapter 3: What the U.S. can prove in court

Reporter: Eamon Javers
Produced by: Bria Cousins, Paige Tortorelli
Editing and Camera by: Carlos Waters
Additional Camera: Paul Lester, Bryan Rager, David Soltis
Animation: Emily Park, Jason Reginato
Senior Managing Producer: Shawn Baldwin
Senior Director of Video: Lindsey Jacobson
Additional Footage: Department of Justice, Federal Bureau of Investigation, Federal Reserve, Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

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#CNBC

Inside Man: How Chinese Spies Used Lies, Romance And Betrayal To Target The Federal Reserve

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Tags: BeijingBetrayalbureaucratsbusiness newscentral bankingChinaChina Communist PartyChinesecnbccrimedocumentaryDonald Trumpeamon javerseconomic eventsespionageFederalfederal funds rateFederal Reservefinancefinancial newsHummin Leeinspector generalinternational economicsInvestigationjerome powellJustice DepartmentLiesMacroeconomicsManNorthern VirginiaReserverestricted informationRomanceSextortionShandongSpiesSpyingtargettariff policytrue crimeunited statesVirginiaWashington D.C.
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