Former Fed adviser jailed for lying about sharing confidential data

John Harold Rogers, a former senior adviser to the Federal Reserve Board, has been sentenced to 38 months in federal prison after a jury found him guilty of repeatedly making false statements during a counterintelligence investigation.

Court filings said Rogers maintained a covert relationship with a Chinese intelligence operative, shared restricted Federal Reserve information, and concealed those activities despite direct questioning by investigators.

Prosecutors argued that the confidential data, including information related to US interest-rate policy, could have benefited China in financial markets. The Justice Department said the sentence reinforces the consequences for officials who compromise sensitive government information and obstruct federal investigations.

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