Senators bring receipts to the Senate floor of Hunter's payment from 'arm of Chinese government'

(AP Photo/Pablo Martinez Monsivais)

Senators Chuck Grassley and Ron Johnson delivered floor speeches Monday focused on a September 2020 report that they are now releasing showing details of the financial connections between Hunter Biden, China, Ukraine, and other countries. Democrats describe the report as Russian disinformation but the two Republican senators claim they have the receipts and will be providing evidence over the next few days.

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The corruption of Biden, Inc. has generally been ignored. Hunter Biden and James Biden, brother of Joe, have traded on the Biden name and Joe Biden’s political position for years. Democrats and their partners in the press have conveniently brushed off concern that Joe Biden is compromised, even after an email on Hunter Biden’s laptop stated that the Big Guy always gets ten percent. The Big Guy is Joe Biden. Senators Grassley and Johnson now say that they have evidence of ” troubling financial entanglements” between Hunter and the Chinese government. Johnson calls any previous lack of reporting on the September and November 2020 reports a classic media cover-up.

“Over the course of our investigation into how Hunter Biden used his father’s position and name to enrich himself and his family, the dishonest press published countless stories reporting on the Democrats’ false charge that we were soliciting and disseminating Russian disinformation,” Johnson said on Monday. “Once we issued our September and November 2020 reports, which were based almost exclusively on U.S. sourced documents and interviews with U.S. citizens, the media largely ignored it. When they did write a story on it, they declared that our reports found nothing new. A classic media cover-up.”

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During their floor speeches, the senators came forward with evidence previously not made public. For the first time, we saw a document that shows money from CEFC Energy, described as an arm of the Chinese government, going directly to Hunter. CEFC is a state-controlled Chinese energy company. The senators provided a receipt showing CEFC paid Wells Fargo Clearing Services $100,000 with “further credit” to to Owasco, Hunter Biden’s firm.

“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.”

“Bank records like this piece of evidence are pretty hard to deny and sweep under the rug. Our reports were chocked full of irrefutable evidence like this. And yet, the media buried those details, in an attempt to keep it hidden from the American people,” Johnson said.

Both Hunter and Joe Biden (as well as James) have denied wrong-doing for years. In 2020, Grassley and Johnson released an interim report on a months-long joint investigation by the Senate Homeland Security and Finance Committees into Hunter’s role with Burisma, the Ukrainian natural gas company. Democrats largely ignored it and it didn’t deter Joe Biden’s win in November of 2020. Both senators say their investigation has faced obstacles, including executive agencies failing to comply with document requests.

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Now that the New York Times has confirmed the legitimacy of the Hunter Biden laptop story, it is going to be difficult for Democrats to continue to pretend that there is no corruption in the Biden family’s activities. When their report was released in 2020, the senators said that their investigation was ongoing. Now it seems they are prepared to expose their evidence of corruption. Chinese oligarchs are involved.

Grassley and Johnson previously tied Hunter Biden to Chinese oligarchs in their 2020 Senate report including an instance where he allegedly “opened a bank account” which “financed a $100,000 global spending spree” for the former vice president’s brother, James Biden, and his wife, Sara Biden.

Grassley’s involvement adds some heft to the claims coming from the investigation. He’s known for his midwestern-style common sense and honesty. Grassley says that Hunter and James Biden have been used by the communist Chinese government to gain inroads into the United States through CEFC Energy. The energy tycoon leader of CEFC Energy, Ye Jianming, is now imprisoned. He 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.”

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Grassley’s floor speech included a poster showing a newly public bank record of an August 2017 wire transfer from CEFC through Wells Fargo Clearing Services to Owasco. The amount of the money transfer was $100,000. Grassley and Johnson say they will produce new records over the next few days. Their proof of Biden, Inc. corruption, the records, will show “additional connections between the Biden family and the communist Chinese regime.”

It will be interesting to see if Grassley and Johnson can connect real dots between Hunter’s worldwide grifting schemes (alleged) and his father, now president. If so, Joe Biden is clearly compromised to be dealing with China or any other foreign government from which Hunter or James received sweetheart deals – the Big Guy always gets ten percent.

A November 2020 follow-up GOP report said that in 2017, Ye was “actively working to build CEFC by making investments around the world” and “these efforts involved cultivating ties with Russia and actors connected to Russian President Vladimir Putin.”

In 2017, ex-business partner Tony Bobulinski worked with Hunter Biden to create a business dubbed SinoHawk to establish a joint venture with CEFC. The Senate GOP report concluded millions of dollars were instead sent by CEFC to accounts linked to Hunter Biden.

“A question to the liberal media and my Democratic colleagues who accused us over the last two years of distributing Russian disinformation — is this official bank document Russian disinformation?” Grassley asked Monday.

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It isn’t just a $100,000 wire transfer being exposed. That’s small potatoes in Hunter’s world. There are millions of dollars involved. AG Merrick Garland is allegedly involved in trying to throw off Grassley and Johnson from pursuing their investigation. One of Ye’s lieutenants says Hunter agreed to represent him as part of a liquefied natural gas deal worth tens of millions of dollars with Ye. Patrick Ho was charged by the Justice Department in 2017, indicted, and convicted under the Foreign Corrupt Practices Act. He was convicted of global money laundering and bribery.

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 payment was sent from Hudson West III to Owasco, with a memo line for “Dr. Patrick Ho Chi Ping Representation.” Grassley and Johnson said “Hunter Biden was well aware of Patrick Ho’s links to the communist Chinese government.”

It’s quite an involved web of corruption that is emerging with these newly exposed receipts. Grassley and Johnson show no signs of giving up, likely feeling vindicated now that the Democrats and their friends in the media can no longer deny the legitimacy of the laptop story. It’s not Russian disinformation.

I’ll end with this as we wait for more shoes to drop from Grassley and Johnson on the Senate floor. Remember all the Democrats in the media used the same talking points in the reporting of the laptop story? Good times.

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Ed Morrissey 12:40 PM | November 21, 2024
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David Strom 11:20 AM | November 21, 2024
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