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