Politics

Grassley And Johnson Revive Arguments On ‘Biden Family’ Links To China

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Two top Republicans who led investigations into Hunter Biden’s overseas business dealings have revived their arguments about the “Biden family” financial links to “communist China.”

Sen. Chuck Grassley of Iowa and Sen. Ron Johnson of Wisconsin gave floor speeches on Monday expounding upon the conclusions of a September 2020 report they had released that detailed extensive financial connections between Hunter Biden and China, Ukraine, and elsewhere — a report dismissed by Democrats as part of an effort to spread Russian disinformation, which the two senators have denied.

“Our report exposed extensive financial relationships between Hunter and James Biden and Chinese nationals connected to the communist regime,” Grassley said Monday. “More precisely, these were Chinese nationals connected to the Chinese government’s military and intelligence services.”

Much of his focus was on a Chinese government-linked company called CEFC Energy, whose since-imprisoned energy tycoon leader Ye Jianming was linked to the Chinese military.

“CEFC operated under the guise of a private company but was for all intents and purposes an arm of the Chinese government,” Grassley said. “Hunter Biden and James Biden served as the perfect vehicle by which the communist Chinese government could gain inroads here in the United States through CEFC and its affiliates.”

Grassley said he and Johnson would produce new records over the next few days “to show additional connections between the Biden family and the communist Chinese regime.”

He presented a poster he said showed a newly public bank record, displaying an August 2017 wire transfer from CEFC through Wells Fargo Clearing Services for $100,000 that stated “further credit to Owasco” — a Hunter Biden firm.

The 2020 Senate report concluded Hunter Biden “opened a bank account with” CEFC deputy Gongwen Dong to fund a $100,000 global spending spree with his uncle James Biden and James’s wife, Sara.

Grassley and Johnson said in November 2021 that they believed Attorney General Merrick Garland is misleading them about whether the Foreign Intelligence Surveillance Act was used against Hunter Biden’s convicted Chinese business associate Patrick Ho.

When Ho, one of Ye’s lieutenants, was charged by the Justice Department in 2017, he reportedly called James Biden, who has said he thought the call was meant for Hunter. Ho was indicted and convicted under the Foreign Corrupt Practices Act for his role in a global money laundering and bribery scheme.

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Ho had tried reaching out to Joe Biden’s son for help because Hunter agreed to represent him as part of his efforts to work out a liquefied natural gas deal worth tens of millions of dollars with Ye.

The Senate Republican report from September 2020 concluded that Ye raised concerns Ho was under investigation by U. S. law enforcement in 2017 and “Hunter Biden subsequently agreed to represent Ho.”

In August 2017, CEFC Infrastructure Investment “wired $5 million to the bank account for Hudson West III,” which was linked to Hunter Biden. In March 2018, a $1 million paymen… (Read more)

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