China Exploits $2.5 Billion Pentagon-Funded Research, House Report Says

An aerial view of the Pentagon in Arlington, Va., on April 2, 2025.Madalina Vasiliu/The Epoch Times The Biden-era Department of Defense (DOD) funded hundreds of research projects involving Chinese universities and institutes tied to China’s military industry, including ones already on U.S. government blacklists, a congressional investigation has found. The 80-page report, released on Sept.

Bessent Calls for Curb on Fed Authority, Accuses It of Distorting Economy

Treasury Secretary Scott Bessent speaks to reporters during a briefing at the White House in Washington, on April 29, 2025. Travis Gillmore/The Epoch Times Treasury Secretary Scott Bessent ramped up his criticism of the Federal Reserve on Sept. 5, accusing it of running risky “gain-of-function” monetary experiments that warped financial markets, rewarded asset holders, and

Bessent Calls for Curb on Fed Authority, Accuses It of ‘Gain-of-Function’ Monetary Experiments That Distort Economy

Treasury Secretary Scott Bessent speaks to reporters during a briefing at the White House in Washington, on April 29, 2025. Travis Gillmore/The Epoch Times Treasury Secretary Scott Bessent ramped up his criticism of the Federal Reserve on Sept. 5, accusing it of running risky “gain-of-function” monetary experiments that warped financial markets, rewarded asset holders, and

Trump Runs out of Patience With China, Sharpens His Words

President Donald Trump speaks to the media while signing executive orders in the Oval Office of the White House on Sept. 5, 2025. Kevin Dietsch/Getty Images WASHINGTON—President Donald Trump’s recent remarks targeting China and its allies mark a noticeable shift in tone. After months of avoiding direct criticism of Chinese Communist Party leader Xi Jinping,