A former senior adviser for the Federal Reserve, John Harold Rogers, has been indicted and arrested by the Justice Department on charges of economic espionage. Accused of conspiring with China, Rogers allegedly passed sensitive trade secrets and economic information to benefit the Chinese government. The charges include conspiracy to commit economic espionage and leaking U.S. trade secrets, raising concerns about national security and the integrity of U.S. financial institutions. This case marks a significant crackdown on espionage activities linked to foreign governments, particularly in the context of U.S.-China relations.