A former senior advisor for the Federal Reserve Board of Governors was arrested and indicted on charges that he conspired to steal Federal Reserve trade secrets on behalf of the Chinese government.
John Harold Rogers was accused of making false statements to the Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (FRB-OIG), and those false statements had a material impact on its investigation.
According to the indictment, Rogers, a US citizen with a PhD in economics, was a senior advisor at the Fed’s Division of International Finance from 2010 until 2021, where he was entrusted with confidential information. Rogers allegedly shared this confidential information with his Chinese co-conspirators, who worked for the intelligence and security apparatus of China and who posed as graduate students at a Chinese university.
The indictment claimed that the data Rogers shared with his co-conspirators could allow China to manipulate the US market in a manner similar to insider trading. This information included advance knowledge of changes to the federal funds rate, which could provide China with an advantage when selling or buying US bonds or securities.
The indictment alleges that, from at least 2018, Rogers allegedly exploited his employment with the Fed by soliciting trade-secret information regarding proprietary economic data sets, deliberations about tariffs targeting China, briefing books for designated governors, and sensitive information about Federal Open Market Committee deliberations and forthcoming announcements. He passed that information electronically to his personal email account, in violation of FRB policy, or printed it prior to traveling to China, in preparation for meetings with his co-conspirators.
Under the guise of teaching “classes,” Rogers met with his co-conspirators in hotel rooms in China where he conveyed sensitive, trade-secret information that belonged to the central bank. In 2023, Rogers was paid approximately $450,000 as a part-time professor at a Chinese university.
Rogers was questioned by the FRB-OIG in February 2020, when he lied about his accessing and passage of sensitive information and his associations with his co-conspirators.
Rogers is charged with conspiracy to commit economic espionage and with making false statements. The Chinese Embassy in Washington, DC, issued a statement to Reuters that said, “China is a country that upholds the rule of law…we oppose any smear and attack on China with so-called ‘spy risks’.”
“President Trump tasks us with protecting our fellow Americans from all enemies, foreign and domestic. As alleged in the indictment, this defendant leveraged his position within the Federal Reserve to pass sensitive financial information to the Chinese government, a designated adversary,” said US Attorney Edward R. Martin Jr. for the District of Columbia. “Let this indictment serve as a warning to all who seek to betray or exploit the United States: law enforcement will find you and hold you accountable.”
Read the first sentence (of the last paragraph) of this article.
Where did this lawyer obtain his information to lob out this quote?
I have links to the Constitution, so you can verify this for yourself.
The links also have explanations.
Here is my gripe with this U.S. attorney (DC District), Edward R. Martin Jr. who ERRONEOUSLY states this:
“President Trump TASKS US with protecting our fellow Americans from all enemies, foreign and domestic”.
NOPE. Not True!
President Trump does NOT “task” that to anyone, and does NOT even task that to himself when he takes the Oath of Office!
That phrase “protect…..from all enemies foreign and domestic”
is NOT even in the Oath that the President takes before entering office!
The Oath taken by the PRESIDENT does include this:
“I do solemnly swear (or affirm)…..that I will……and to the best of my Ability, preserve, PROTECT and DEFEND the CONSTITUTION of the United States.”
There is NOTHING in the Presidential Oath that refers to “enemies foreign and domestic”.
Constitution: Article II, Section 1, Clause 8 (The Presidential Oath of Office)
https://constitution.congress.gov/browse/essay/artII-S1-C8-1-1/ALDE_00013932/
The VICE-President, Congress, and other Federal officials take a different Oath (which has evolved over time) and that contains this portion:
“I do solemnly swear (or affirm) that I will SUPPORT and DEFEND the Constitution of the United States against all enemies, foreign and domestic;…..”etc.
There is NO wording here that includes “protect against”.
The word “DEFEND” is used.
https://www.senate.gov/about/origins-foundations/senate-and-constitution/oath-of-office.htm#:~:text=I%20do%20solemnly%20swear%20(or,that%20I%20will%20well%20and
Another link to see this again.
Notice that the VICE-President takes a different Oath than the President takes.
The VICE President takes the same Oath as Congress and other Federal officials.
https://www.usa.gov/inauguration
Another VERY IMPORTANT point that Martin seems to miss here (by a mile).
These OATHS are a PERSONAL commitment a person PUTS UPON THEMSELVES when taking the Oath to the Constitution.
They are NOT Oaths that ask that person to “task away that duty to someone else”.
Who is this attorney? Did he get his degree from Trump University???
U.S. attorney (DC District) Edward Martin Jr. might want to refresh his memory, perhaps take some CEUs (as Realtors must do), before he twists the words of the Constitution and the Oaths of Offices in a feeble effort to genuflect to Trump, who he clearly is trying to flatter.
People (and attorneys…yes that is a joke) can make mistakes and misquote, and that I can forgive that. We all make mistakes.
But the unctuousness (sucking up) displayed here by Mr. Martin at the feet of Trump is embarrassing to see.
Our country is in deep doo doo if this is the caliper of attorneys that we have at the highest level.
I encourage people to fact check to see how foolish so many of our highest level people are and how they fully expect that the citizens will just gobble up their BS and misinformation. It’s sad because this same attorney took the Oath of his Federal office, but he seems to think that his daddy (Trump) has “tasked him” to be good boy and defend us. Don’t count on it!
Martin’s Oath of office is to the Constitution, NOT to Trump, but Martin is a Jan. 6 insurrectionist supporter and a long time supporter of Trump. But that still does NOT explain Martin’s misunderstanding of the Oaths of Offices taken by the President vs. those taken by Congress & other Federal Employees (like Martin).
Thanks Julie Fisher for informing all of us as to what you took from the article and what troubled you the most from it. You couldn’t make your political position more evident. Perhaps you should seek professional help for the mental anguish you are suffering from. Also, thanks for the education of our oaths of office. Remember, we citizens are one people, one country. Be grateful you live here and may be less critical of others.
Read the first sentence (of the last paragraph) of this article.
Where did this lawyer obtain his information to lob out this quote?
I have links to the Constitution, so you can verify this for yourself.
The links also have explanations.
Here is my gripe with this U.S. attorney (DC District), Edward R. Martin Jr. who ERRONEOUSLY states this:
“President Trump TASKS US with protecting our fellow Americans from all enemies, foreign and domestic”.
NOPE. Not True!
President Trump does NOT “task” that to anyone, and does NOT even task that to himself when he takes the Oath of Office!
That phrase “protect…..from all enemies foreign and domestic”
is NOT even in the Oath that the President takes before entering office!
The Oath taken by the PRESIDENT does include this:
“I do solemnly swear (or affirm)…..that I will……and to the best of my Ability, preserve, PROTECT and DEFEND the CONSTITUTION of the United States.”
There is NOTHING in the Presidential Oath that refers to “enemies foreign and domestic”.
Constitution: Article II, Section 1, Clause 8 (The Presidential Oath of Office)
https://constitution.congress.gov/browse/essay/artII-S1-C8-1-1/ALDE_00013932/
A second comment regarding the 1st sentence of last paragraph of the featured article.
Attorney Martin appears confused about which Oath he took, Congress took, and the President took.
The VICE-President, Congress, and other Federal officials take a different Oath (which has evolved over time) and that contains this portion:
“I do solemnly swear (or affirm) that I will SUPPORT and DEFEND the Constitution of the United States against all enemies, foreign and domestic;…..”etc.
There is NO wording here that includes “protect against”.
The word “DEFEND” is used.
https://www.senate.gov/about/origins-foundations/senate-and-constitution/oath-of-office.htm#:~:text=I%20do%20solemnly%20swear%20(or,that%20I%20will%20well%20and
Another link to see this again.
Notice that the VICE-President takes a different Oath than the President takes.
The VICE President takes the same Oath as Congress and other Federal officials/employees.
https://www.usa.gov/inauguration
The court justices take a different Oath (two of them), but I’m still checking on that.
Though I won’t post about that because my point is made that Martin needs to revisit his Oath vs. that of the President’s.
A second comment regarding the 1st sentence of last paragraph of the featured article.
Attorney Martin appears confused about which Oath he took, Congress took, and the President took.
The VICE-President, Congress, and other Federal officials take a different Oath (which has evolved over time) and that contains this portion:
“I do solemnly swear (or affirm) that I will SUPPORT and DEFEND the Constitution of the United States against all enemies, foreign and domestic;…..”etc.
There is NO wording here that includes “protect against”.
The word “DEFEND” is used.
https://www.senate.gov/about/origins-foundations/senate-and-constitution/oath-of-office.htm#:~:text=I%20do%20solemnly%20swear%20(or,that%20I%20will%20well%20and
Another link to see this again.
Notice that the VICE-President takes a different Oath than the President takes.
The VICE President takes the same Oath as Congress and other Federal officials/employees.
https://www.usa.gov/inauguration
The court justices take a different Oath (two of them), but I’m still checking on that.
Though I won’t post about that because my point is made that Martin needs to revisit his Oath vs. that of the President’s.
Martin misses this VERY IMPORTANT point (by a country mile).
(1st sentence of last paragraph of the article)
These OATHS are a PERSONAL commitment that a person PUTS UPON THEMSELVES when taking the Oath to the Constitution.
They are NOT Oaths that ask that person to “task away that duty to someone else”.
Who is this attorney? Did he get his degree from Trump University???
U.S. attorney (DC District) Edward Martin Jr. might want to refresh his memory, perhaps take some CEUs (as Realtors must do), before he twists the words of the Constitution and the Oaths of Offices in a feeble effort to genuflect to Trump, who he clearly is trying to flatter.
People and attorneys (yes; that is a joke) can make mistakes and misquote, and that I can forgive that. We all make mistakes. But the unctuousness (sucking up) displayed here by Mr. Martin at the feet of Trump is embarrassing to see.
I encourage people to fact check to see how foolish so many of our highest level people are and how they fully expect that the citizens will just gobble up their BS and misinformation. It’s sad because this same attorney took the Oath of his Federal office, but he seems to think that his daddy (Trump) has “tasked him” to be a good boy and defend us. Don’t count on it!
Martin’s Oath of office is to the Constitution, NOT to Trump.
But Martin has vowed to do whatever Trump asks.
FYI: Martin is well known supporter of Jan. 6th insurrectionists and a long time supporter of Trump. But… that still does NOT explain Martin’s misunderstanding of the Oaths of Offices taken by the President vs. those taken by Congress & other Federal Employees (like Martin).
Or does it? Ummmm, yes…I’m seeing it (and warned of it 45 years ago).
WRE took quite a long time to post my first comment, so I divided my comments up.
After I did, WRE posted my first comment in full.
So, there is repetition here. Sorry!