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PodcastSquawk PodSeptember 30, 2026

Inside Man: How Chinese Spies Used Lies, Romance and Betrayal to Target the Federal Reserve

A Fed senior advisor shared internal and restricted documents with a suspected Chinese spy for years, yet a jury acquitted him of espionage.

  • Fed economist targeted: John Rogers, a senior advisor at the Federal Reserve, met a Chinese graduate student named Hu Min Lee (believed to be intelligence officer Jin Chuan) at a 2013 Shanghai conference.
  • Espionage playbook executed: Ex-CIA officer Ralph Goff says China's Ministry of State Security (~800,000 employees) likely vetted Rogers via online activity before Lee facilitated his marriage, divorce mediation, and visa issues for a new wife.

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Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.