Bank records show millions in transactions between Hunter Biden, China firms

OPINION:  This article contains commentary which may reflect the author’s opinion

Tenacious US Senator Ron Johnson (R-Wis.), ranking member of the Permanent Subcommittee on Investigations, says the Chinese-American financial institution Cathay Bank has given Senate Republicans records showing millions of dollars going from Chinese companies to President Biden’s son Hunter Biden.

“China fired a warning shot at President Biden when a Chinese-American bank supplied Senate Republicans with records showing millions of dollars flowing from Chinese companies to Mr. Biden’s son Hunter Biden and brother James Biden, said a lawmaker spearheading an investigation of the first family,” The Washington Times reported, describing to the situation, adding:

“Every other American bank denied the two Republicans’ requests for financial records.”

“In my mind, it’s the Chinese government telling Joe Biden, ‘We got the goods on you, buddy, and we’re willing to dish it up,” Johnson told the media.

News of this treasure trove of documents, given voluntarily from the bank itself, must be a major surprise to the government because they have been obstructing the investigation into the financial ties between the Bidens and the CCP for quite some time, according to Johnson.

Biden, along with his administration – who are the very same group who have hounded President Donald J. Trump over documents, have been giving Johnson the run around for months upon months.

At the end of March, Johnson released a press statement that he and Chuck Grassley (R-Iowa), ranking member of the Committee on the Budget, had sent a letter to the National Archives and Records Administration (NARA) Acting Archivist Debra Steidel Wall regarding NARA’s review of President Biden’s official records.

The senators revealed that prior to NARA’s review of certain Biden records, the Federal Bureau of Investigation (FBI) reviewed the contents of nine boxes of Biden records that were moved from the Penn Biden Center to an office in Boston belonging to one of Biden’s attorneys.

The senators wrote, “[o]n March 7, 2023, you confirmed that NARA retrieved nine boxes of Biden records from Pat Moore’s Boston office after Mr. Moore had moved them there from the Penn Biden Center.

When our offices asked NARA whether it has reviewed the contents of those nine boxes, you initially wrote, ‘NARA has not reviewed the contents of the boxes found at Mr. Moore’s Boston office.’ However, after our staff reiterated the question in an email, NARA General Counsel Gary Stern revealed that, ‘while NARA has not yet reviewed the contents of the nine boxes, the FBI has.’”

“If the FBI’s review occurred on or before your March 7 response to us, it is unclear why you did not disclose that information. It also remains unclear what steps, if any, NARA has taken to ensure that all records will be properly preserved before, during, and after the FBI’s review,” the senators added.

Fox News reported that the Archives had not previously publicly disclosed the number of boxes taken from Boston. It had been reported that Moore had shipped boxes of documents from the Penn Biden Center to his Boston office before discovering the initial trove of classified documents at the Washington, D.C.-based think tank.

Perhaps they were trying to hide documents that would tie Hunter Biden to the CCP?

Fox News previously reported that FBI agents searched the Penn Biden Center offices in mid-November after President Biden’s personal attorneys discovered a handful of documents with classified markings there on Nov. 2.

According to Johnson, they have what they need now- and the documents came from the bank.

The Bank, Cathay Bank, which delivered the documents to the US Senate, is an American bank founded in 1962. Cathay is headquartered in Chinatown, Los Angeles, with a corporate center in nearby El Monte, California. It has branches in California, Massachusetts, New York, Texas, Washington, Illinois, New Jersey, Nevada, Maryland, and China, and Hong Kong.

“Bank records show millions in transactions between Hunter Biden, China firms: Sen. Johnson
Senator Johnson says the records show the Biden family was involved with the now-defunct CEFC China Energy, which had connections to the Chinese Communist Party,” Just the News reported adding details of the newest ties between the Biden family and the CCP:

“Republicans and others started raising concerns during President Biden’s successful 2020 White House campaign, if not earlier, that Hunter Biden used the family name and influence while his father was vice president to make millions in overseas business deals, which also could have compromised U.S. national security.

Johnson told The Washington Times the records show the Biden family involved with the now-defunct CEFC China Energy, which had connections to the Chinese Communist Party.”

Johnson appeared on Fox News to talk about what he has found:

The firm reportedly gave $1 million to Hudson West III, which was a joint venture owned by Hunter Biden and Gongwen Dong, a business associate of CEFC’s founder and chairman, Ye Jianming, according to the bank records.

The records provided by the bank also include those from the president’s brother, James Biden.

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