Former senior adviser to the Federal Reserve, John Harold Rogers, has been arrested on charges of leaking classified trade secrets to the People’s Republic of China, DOJ says.
Rogers, 63, of Vienna, Virginia, served as a senior adviser in the Federal Reserve’s international finance division from 2010 until his retirement in 2021.
During his tenure, he had access to confidential information, including proprietary economic data, deliberations on tariffs targeting China, and sensitive insights into the Federal Open Market Committee’s (FOMC) forthcoming announcements.
According to the indictment, Rogers began exploiting his position as early as 2018, soliciting and transmitting trade-secret information to individuals linked to China’s intelligence apparatus.
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