Obama Administration Covered Up Chinese Hacking Government Computers, Republicans Claim In New FDIC Investigation

U.S. officials covered up the Chinese government's attempt to hack computers used by the nation's banking regulator, Republican lawmakers claimed Wednesday. The report from the U.S. House of Representatives Committee on Science, Space and Technology alleges that the Chinese government was spying on the Federal Deposit Insurance Corporation, which stores confidential data on the nation's largest financial institutions, over a three-year period starting in 2010. "Even the former chairwoman's computer had been hacked by a foreign government, likely the Chinese," the report claims. The intruders were reportedly seeking "economic intelligence," Reuters reported. FDIC officials allegedly tried to cover up the hack to protect the regulator's incoming chairman.