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WASHINGTON, D.C. (LifeSiteNews) – Republican lawmakers announced Thursday that they intend to use their incoming majority in the U.S. House of Representatives to investigate President Joe Biden and his family’s business dealings in China and around the world.

Rep. James Comer (R-KY), who will chair the House Oversight Committee in January, said at a press conference that a U.S. Treasury Department Suspicious Activity Report (SAR) “connects [troubled presidential son] Hunter Biden and his business associates to international human trafficking, among other illegal activities.”

“The SAR shows that Hunter Biden was conducting business with suspected human traffickers,” Comer continued. “The money gained through influence peddling was funneled to a suspected criminal enterprise, again, one linked to human trafficking.”

Evidence collected so far, he said, “raises troubling questions about whether President Biden is a national security risk. And about whether he is compromised by foreign governments. Despite the president’s claim that he wasn’t involved in Biden family business schemes, these photos show Joe Biden meeting with his family’s business associates while vice president. Committee Republicans have identified over 50 countries the Biden family sought business in. On the international side of the Biden family business, the deals were often led by Hunter Biden.”

“As part of our investigation, we have evidence that the finances, credit cards, and bank accounts of Hunter and Joe Biden were commingled if not shared,” Comer went on “And on some accounts at least, red flags were raised by banks to the account owner or owners indicating suspicious or illegal activity.”

“In 2019, shortly after announcing his campaign for president, Joe Biden told the American people he had nothing to do with and never had conversations with his family about their business deals,” the congressman said/ “That was a lie.”

The subject of the Biden family’s financial gains from international influence-peddling started drawing mainstream notice in late 2019 and early 2020, when Democrats tried (and failed) to impeach former President Donald Trump for asking the Ukrainian government to help investigate the current president’s role, as Barack Obama’s Vice President, in the ouster of a prosecutor who had been investigating Hunter’ business dealings in the country. 

Months later, the New York Post released a series of bombshell reports about a laptop Hunter had abandoned at a Delaware computer repair shop, which contained scores of emails and texts detailing how the Biden family made millions of dollars through Hunter’s facilitation of meetings between his father and business interests around the world. Democrats tried to dismiss the story as “misinformation,” while their allies in traditional and social media worked to suppress word from getting out.

The Biden camp never specifically denied the authenticity of the material, but its allies including Facebook and Twitter took steps to suppress the story under the pretext of “misinformation” and “hacked materials,” despite abundant corroboration.

More than a year after Biden’s victory over Trump, left-wing media outlets including the New York Times and Washington Post began to admit the authenticity of the material from the laptop, prompting calls for a reevaluation of the original decisions to censor it.

In March 2022, Sens. Chuck Grassley (R-IA) and Ron Johnson (R-WI) released a receipt showing that CEFC China Energy Co., a company recognized as an arm of the Chinese government, paid Wells Fargo Clearing Services $100,000 and designated “further credit to Owasco,” Hunter Biden’s law firm. 

The documentation shed more light on Hunter’s dealings with CEFC, which were previously known to include a deal in which Hunter would receive $10 million a year for three years from a “consulting” contract with the company “for introductions alone.” The prospect of a direct six-figure payment to an account belonging to Hunter, from what is essentially a Chinese government front, was particularly concerning in light of the fact that the president shared bank accounts with his son.

Without control of the executive branch, Republicans cannot bring about prosecution for any potential crimes they might uncover. But their investigations can keep the issue in the public eye for two years as part of their argument for electing a Republican president in 2024.

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