GOP Senators Release More Receipts Showing The Depths Of Biden Family Profiteering With Foreign Enemies

Jordan BoydApril 6, 2022

Republican Sens. Chuck Grassley of Iowa and Ron Johnson of Wisconsin released new documents on Monday indicating that President Joe Biden’s son Hunter Biden and his brother James Biden were extensively involved with and profited from business deals with companies that operate on behalf of the Chinese Communist Party (CCP) and other corrupt regimes.

These new findings support what Grassley and Johnson both documented in their 2020 investigation into the Biden family’s corruption, but they have yet to catch due attention from the corporate media.

“These new records support the findings in our reports from last Congress in September and November 2020 — reports that the liberal media and our Democratic colleagues said were Russian disinformation,” Grassley said in his address to the Senate floor on Monday. “Forget the facts, forget the evidence, forget investigative journalism. The liberal media wanted to provide cover for then-candidate Joe Biden. They did whatever they could to smear our investigation.”

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Much of the blame for this lack of attention, Johnson added in his floor speech, lies with their Democrat colleagues and the former intelligence officials who penned the sham letter claiming that information discovered on Hunter’s abandoned laptop was Russian disinformation.

“By casting doubt on evidence of the Bidens’ corrupt practices, these former intelligence officials interfered in the 2020 election to a far greater extent than Russia could have ever hoped to achieve,” Johnson said. “Their willing accomplices in the press amplified this disinformation letter and by doing so were equally guilty of egregious election interference.”

The Bidens Profited from CCP-Linked Business

Grassley and Johnson previously established that the Bidens were deeply involved with an energy company controlled by the CCP. As a result, that company, CEFC, funneled millions to Hunter to offer legal representation to the “spy chief of China,” Dr. Patrick Ho Chi-Ping. The same month that money was transferred to Hunter’s company Owasco through a middleman company, Ho was arrested for corruption and bribery.

Ho contacted James when he was arrested, but new documents released by the Republican senators show that Joe Biden’s brother, too, is guilty of receiving vaguely attributed funds from some of communist China’s biggest players.

Combined, James and Hunter’s companies received upwards of $4.8 million from CEFC, “an arm of the Chinese government,” between August 2017 and September 2018. James’s company Lion Hall Group alone received $1.4 million from CEFC via at least 20 wire transfers from Hunter’s company Owasco, something The Washington Post only recently admitted.

In addition to receiving money from CEFC, Hunter and James both profited off of numerous deals with CCP oligarchs and operated companies that shelled out tens of thousands of dollars to communist-connected businesses.

James was named a manager at Hunter’s company Hudson West Three in August 2017. At the time, the agreement designated $100,000 to Hunter and $65,000 to James every month. This lucrative deal was made possible after Northern International, a company with deep connections to communist China partner and CEFC founder Ye Jianming, wired $5 million to Hudson West Three that same month.

At the same time that Hunter’s company Hudson West Three was making payments to a CCP-controlled company, Hunter and James were also receiving wire payments with thousands of dollars. Recently released receipts show Owasco was entitled to several $165,000 wires from Hudson West Three in January of 2018. James’s company The Lion Hall Group also received nearly $18,000 from Hudson West Three the same month that several CEFC wire payments were made.

Receipts from April 2018 show that Hudson West Three, under the leadership of James and Hunter, wired tens of thousands of funds to Coldharbour Capital. This company was connected to Ye Jianming’s associate Mervyn Yan, who has strong ties to the communist regime in China.

“These transfers aren’t by accident. There’s clearly a scheme here,” Grassley said. “There’s a plan among and between all these individuals and their respective companies.”

The April receipts also show Hunter’s Owasco received another payment of $165,000 and James’ Lion Hall Group accepted a wire for roughly $34,000 for “office expense and reimbursement.”

In addition to presenting the sketchy payments from Hudson West Three, Grassley and Johnson produced bank records and credit card authorizations from September 2017 that confirmed that Hunter and James “went on $99,000 global spending spree courtesy of Gongwen Dong,” a Chinese executive and one of Hunter’s associates.

“The spending spree included airline tickets, purchases at Apple stores, hotels, and restaurants,” Grassley noted.

“With these new records, there can be no doubt that James Biden was financially connected to corporations and individuals with extensive links to communist China,” Grassley said. “And that he and Hunter Biden were in it together, working to help a Chinese government-linked energy company pursue deals and expand its reach in the energy sector.”

The Bidens Made Sketchy Deals Outside China

As Johnson noted in his floor speech on Monday, the Biden family business extends far beyond just striking deals with Chinese energy companies. There is and has been plenty of evidence suggesting that Joe, James, and Hunter were monetarily involved with multiple foreign oligarchs, especially in Ukraine.

Hunter exploited his father’s political reputation to strike business deals with oligarchs in Ukraine and China, a fact that was apparent even before the laptop emerged. Hunter may have even possibly given a portion of his equity deals to his father, but the legacy press refuses to report on that significance.

Despite Joe’s adamancy that he knew nothing of his son’s overseas business dealings, documents suggest that the now-president was actively engaged with his son’s business partners during his vice presidency.

Mere months after the Revolution of Dignity in Ukraine in February of 2014, Joe met with Hunter’s business partner Devon Archer at the White House. Days later, Joe jetted off on an official White House trip to Ukraine because he was considered the “public face of the [Obama] administration’s handling of Ukraine.” One day after Joe’s visit to the Eastern European country, Archer was named to the board of Burisma. Less than one week after that, Burisma owner Mykola Zlochevsky had $23 million from multiple accounts seized by British officials.

A timeline of the Biden family’s involvement also shows that Hunter’s investment firm Rosemont Seneca Thornton received $3.5 million to “the corrupt and now-sanctioned wife of the former Mayor of Moscow,” Elena Baturina, at the same time of the revolution. A few months later, Hunter joined the Burisma energy company board despite having no previous experience in the energy sector.

“It is quite interesting to see how much significant activity involving the Bidens and corrupt actors in Russia and Ukraine occurred within a six-week period only two months after the Ukrainian Revolution of Dignity. It sure looks like they intended to cash in on the turmoil in Ukraine,” Johnson noted.

Despite these congressional and journalistic findings, the corporate media dismissed any and all allegations against the Bidens as disinformation. The press not only failed to report on these bombshell findings but also refused to ask the president about his suspect involvement with Hunter’s business partner, Burisma, and the CCP-controlled firm that offered Hunter a massive payout.

Even now, after The Washington Post and The New York Times reluctantly admitted that Hunter’s abandoned laptop publicized in 2020 was legitimate, Johnson and Grassley agree that the press is “not telling the whole truth.”

“My guess is that they learned a lot from their coverage of Nixon’s Watergate scandal cover-up. They learned that when you’ve been caught in a cover-up — and that is what has happened here — you try to limit the damage by telling a little bit of the truth,” Johnson said.

There is a long list of questions from Johnson and Grassley about whether the Department of Justice and the U.S. intelligence communities have collected information about Hunter, Joe, James, and their communications with elites in countries that are the sworn enemy of the U.S. These questions, however, have gone unanswered for nearly two years.

Despite mounting evidence that the president and his family are deeply entrenched with and financially bound to foreign oligarchs, the Republicans said that the Biden administration has “been totally unresponsive to our oversight requests.”

Jordan Boyd is a staff writer at The Federalist and co-producer of The Federalist Radio Hour. Her work has also been featured in The Daily Wire and Fox News. Jordan graduated from Baylor University where she majored in political science and minored in journalism. Follow her on Twitter @jordangdavidson.