House Oversight Committee Chair James Comer (R-KY) on Monday questioned how the Biden family business earned millions without selling a product or legitimate service.
\nComer, who is leading the House Oversight Committee\u2019s investigation into alleged Biden corruption, raised concerns about the crux of the Biden family ongoing business. Hunter, Frank, and James Biden have made millions of dollars from business deals with foreign entities and people over the years of President Joe Biden\u2019s service as a U.S. official.
\nComer asked how the Biden family business could have earned millions without holding any assets or manufacturing or selling product.
\n\u201cWhat is the Biden family business? They don\u2019t have any assets,\u201d Comer said. \u201cThey don\u2019t manufacture anything. They don\u2019t sell anything.\u201d
\n\u201cYet they receive millions from around the globe,\u201d Comer stated.
\nAfter Comer\u2019s line of questioning, he asked if President Joe Biden is \u201ccompromised\u201d by his family\u2019s deals.
\nThe question has been raised before by Republicans. On Sunday, Comer pointed to China as an entity that could have compromised Joe Biden through his family\u2019s business deals.
\nComer is probing the Biden family for nine violations, including tax evasion, money laundering, and wire fraud. In February, he sent demand letters to Hunter and James Biden in request of their financial records and communications with business associates to ascertain whether their foreign business deals in China have compromised the president.
\nHunter has rejected the demand, causing Comer to hint at launching a subpoena to compel.
\n\u201cThis administration thus far has not set a very good example of standing up to China. I think that shooting the balloon down\u2026 is very disturbing,\u201d Comer told ABC News. \u201cAmericans are outraged that China flew a balloon over the United States\u2026 I think Americans would be outraged to know how much money the Biden family has taken in from China.\u201d
\nThe goal of Comer\u2019s investigation could ultimately reveal the need for stronger ethics and financial disclosure laws to block political families from peddling influence. The Biden family\u2019s business deals in China could be the catalyst to drive that legislation.
\nAccording to Hunter\u2019s \u201cLaptop from Hell,\u201d an email shows a proposed percentage distribution of equity in a company created for a joint venture with CEFC China Energy Co. and Hunter\u2019s former business partner, Tony Bobulinski, the Biden family, and high-ranking members of the Chinese Communist Party. Sent on March 13, 2017, the proposed business venture included \u201c10 held by H for the big guy?\u201d
\nBobulinski confirmed \u201cthe big guy\u201d was a reference to Joe Biden.
\nTo know whether Joe Biden profited or had knowledge he was being used to help the Biden family profit from his position, Comer announced nine investigations into the Biden family in November for nine potential violations, including money laundering, wire fraud, and tax evasion.
\nComer\u2019s House Oversight Committee is attempting to obtain bank records to understand how money flowed between the Biden family and its business partners.
\nOn Thursday, Hunter\u2019s high-powered attorney refused to provide relevant documents to the committee, citing no \u201clegitimate legislative and oversight basis.\u201d Comer replied with hints of compelling the documents by subpoena.
\nThe Treasury Department in January also denied the committee\u2019s request to disclose 150 suspicious reports flagged by U.S. banks concerning Biden family business transactions. Comer has threatened to compel by subpoena.
\n\u201cThis coordinated effort by the Biden Administration to hide information about President Biden and his family\u2019s shady business schemes is alarming and raises many questions,\u201d he said.
\nIn 2018 and 2020, Breitbart Senior Contributor and Government Accountability Institute President Peter Schweizer published Secret Empires and Profiles in Corruption. Each book hit #1 on the New York Times bestseller list and exposed how Hunter Biden and Joe Biden flew aboard Air Force Two in 2013 to China before Hunter\u2019s firm inked a $1.5 billion deal with a subsidiary of the Chinese government\u2019s Bank of China less than two weeks after the trip. Schweizer\u2019s work also uncovered the Biden family\u2019s other vast and lucrative foreign deals and cronyism.
\nBreitbart Political Editor Emma-Jo Morris\u2019s investigative work at the New York Post on the Hunter Biden \u201claptop from Hell\u201d also captured international headlines when she, along with Miranda Devine, revealed that Joe Biden was intimately involved in Hunter\u2019s businesses, appearing even to have a 10 percent stake in a company the scion formed with officials at the highest levels of the Chinese Communist Party.<\/p>\n
Breitbart<\/p>\n
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