Hunter Biden’s Bank Records Released

Hunter Biden's Bank Records Released

( – In recent weeks, the Hunter Biden and Biden family pay-for-play scheme has gotten the media’s attention. It only took 18 months.

In the summer of 2020, Sens. Chuck Grassley (R-IW) and Ron Johnson (R-WI) released an extensive report on the younger Biden’s finances and alleged corruption involving Ukraine, China, Russia, and other countries. In October 2020, just weeks ahead of the presidential election, the New York Post revealed the Department of Justice (DOJ) was investigating Hunter after a laptop showed emails, documents, pictures, and other suggestive information. The rest of the mainstream media outlets were strangely quiet on the subject.

Now we find out that federal prosecutors are investigating Hunter Biden over his business dealings, potential money laundering, tax evasion, and whether or not he broke foreign lobbying laws. There are also questions swirling about what President Joe Biden knew, his potential involvement, and whether he lied to Americans in 2020. On Wednesday, March 30, Grassley and Johnson released Hunter’s bank records. The evidence emerging could be highly damaging to the Bidens.

Bank Records Reveal Potential Conflicts

On Monday, March 28, and Tuesday, March 29, Grassley and Johnson presented Hunter Biden’s bank records on the floor of the US Senate, ensuring they go into the permanent Senate records. What the records show is a pattern of payments from companies and individuals linked to the Chinese Communist Party, including but not limited to:

  • A $100,000 wire payment to Hunter Biden’s firm Owasco from CEFC China Energy.
  • A $5 million wire transfer to Hudson West, a company Hunter invested in, from Northern Capital, a business associated with CEFC, and a $500,000 contract to Hunter as a one-time retainer fee.
  • A $1 million payment CEFC made to Hudson West.
  • A separate $1 million transfer from Hudson West to Hunter’s company Owasco for the alleged purpose of having Hunter Biden represent a Chinese businessman who helped CEFC gain benefits through corruption and bribery.

Grassley stated that the links establishing the relationship between the Biden family and China were strong.

So, how do these connections play out? Ye Jianming was a Chinese oil mogul. He founded CEFC. The two Senators say Ye paid Hunter Biden millions of dollars. Additionally, they added that Ye’s business associate and financier, Dong Gongwen, paid Hunter millions more. In a 2017 email, Hunter referred to Dong and Joe Biden as office mates.

On the Senate floor, Johnson said the evidence is hard to deny and asserted the bank records show conflicts of interests and corruption that could compromise President Biden.

White House Insists Biden Never Misrepresented Anything

The revelations are leading some in the media to question if Joe Biden lied in the 2020 campaign. During a presidential debate, the then-Democratic candidate declared his son never took money from China and wasn’t involved in any unethical overseas business dealings with foreign governments.

On Thursday, March 31, White House Communications Director Kate Bedingfield said the White House stands behind the president’s 2020 comments. Still, she repeated the White House line that they don’t speak for Hunter Biden and there isn’t anything more they can say. When asked if the president would consider pardons for family members, Bedingfield said it was a hypothetical situation and would not answer the question.

As Joe Biden’s conflicts of interest pile up, will the media report the facts?

Will Congress initiate investigations?

That depends on which political party holds power in January.

Stay tuned. This is an evolving story.

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