GoKawiilCNBC investigation details espionage case against ex-Fed official John Rogers
CNBC's Eamon Javers published an investigation into John Harold Rogers, a former senior Federal Reserve official arrested by the FBI in January 2025 on suspicion of passing central bank information to a Chinese government agent. Investigators say a personal relationship exploited by the alleged agent became entangled with Rogers' professional access, though his lawyers maintain he shared no valuable information. The Fed and its Inspector General's office declined to comment, and Rogers declined to be interviewed.
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The case raises questions about how foreign intelligence services may target insiders at institutions like the Federal Reserve that hold sensitive economic and monetary policy information. Whether Rogers acted as a willing source or was manipulated remains contested, which could affect both the legal outcome and how the Fed reviews internal security practices going forward.
- Former Fed official John Rogers was arrested by the FBI in January 2025 on espionage suspicions.
- CNBC's investigation includes previously unreleased texts, audio, documents and photos.
- Rogers' lawyers deny he passed valuable information; the Fed has not commented.
Source: cnbc.com — Alex Harring, 2026-09-30
Published there as: “China's inside man at the Fed, OpenAI debuts Dots, an IPO trend and more in Morning Squawk”
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