Recent findings by the House Oversight Committee reveal that the Biden family received over $1 million from accounts related to Hunter Biden’s business associate Rob Walker and their Chinese business ventures in 2017. These subpoenaed financial records raise additional questions about the national security implications of the Biden family’s financial ties to China.
The records indicate that on March 1, 2017, State Energy HK Limited, a Chinese company, wired $3 million to Robinson Walker, LLC. A memo from the committee shows that, following this transaction, Biden family members began receiving incremental payments over approximately three months. These payments included $25,000 to Hallie Biden, widow of Beau Biden and former lover of Hunter Biden. According to the committee, the reasons for these payments remain unclear.
What kind of a Creepy,Corrupt Politico Involves His Family and Children in his
House Oversight Committee: Beau’s Widow Hallie Is ‘New Biden Business Member Who Received China Cash https://t.co/v0jlrOOXJ0
— Tina Romano Freda (@TinaTweeker) March 16, 2023
State Energy HK Limited was controlled by CEFC China Energy’s chairman, Ye Jianming, and was closely linked to the Chinese Communist Party. Hunter Biden received a $1 million legal retainer and an $80,000 diamond from Ye in 2017. Since 2018, Ye has been under detention in China on charges of bribery.
The Biden family’s financial ties to China have long been scrutinized. In 2013, Hunter Biden accompanied his father, then-Vice President Joe Biden, on a trip to China, after which his firm signed a $1.5 billion deal with a subsidiary of the Chinese government’s Bank of China.
These findings are part of the GOP’s ongoing investigation into the Biden family’s financial ties to China and their potential impact on national security. Committee Chair Rep. James Comer (R-KY) has pledged to determine whether his family’s business relationships compromise President Biden with the Chinese Communist Party.
The White House has predictably dismissed these allegations as baseless. A spokesperson for Hunter Biden’s legal team has insisted that the bank accounts belonged solely to Hunter, his uncle, and Hallie Biden. However, the House Oversight Committee remains committed to investigating the Biden family’s financial ties to China and their potential national security implications.
As the committee continues to follow the money trail, they aim to determine the extent of the Biden family’s business schemes, whether these deals compromise Joe Biden, and if there is a national security threat. The Treasury Department has recently granted the committee “in camera access” to suspicious activity reports (SARs) related to Hunter Biden and the Biden family’s foreign business deals.
The GOP’s investigation into the Biden family’s financial ties to China is a necessary step toward uncovering any potential national security risks. Determining whether his family’s business relationships compromise the president with a foreign power is essential. The American people deserve full transparency on this matter. The House Oversight Committee’s continued investigation is a vital safeguard to protect the nation’s interests.