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Banks Flagged 150 of Biden Family’s Shady Business Deals

'We have people with the Biden name, dealing with Chinese business people that have a relationship to the Communist Party... '

(Tony Sifert, Headline USA) More than 150 financial transactions involving the Biden family’s “global business affairs” were flagged by United States banks, according to an investigative report by CBS News.

Mostly involving President Joe Biden’s son Hunter and brother James — the extent of President Biden’s involvement is unknown — the transactions are the subject of an ongoing investigation being conducted by Sen. Chuck Grassley, R-Iowa, and Sen. Ron Johnson, R-Wis.

In prepared remarks delivered on the Senate floor on Tuesday, Johnson claimed that both Hunter and James Biden have been deeply involved in financial dealings with the communist Chinese government.

“What Senator Grassley and I have shown over the course of six speeches are the actual bank records of financial transactions tying President Biden’s son, Hunter, and his brother, James, to businesses that are essentially arms of the communist Chinese regime,” Johnson said. “But the Biden business ventures include activities in many more countries than just China.”
During his CBS interview, Grassley claimed that “we have people with the Biden name, dealing with Chinese business people that have a relationship to the Communist Party.”
Grassley’s evidence indicated that Jim Biden’s company, the Lion Hall Group, received payments from from Hudson West III, a company owned jointly owned by Hunter Biden and his Chinese partners.
Although President Biden has claimed that he has never “taken a penny from any foreign source, ever, in my life,” Robert Weissman, president of the advocacy group Public Citizen, told CBS that “there’s a worry [the Chinese hoped] to get something direct from the Obama administration.”
The New York Post has provided a list of at least a dozen suspicious transactions in which President Biden “played a role” along with family members.
According to the Post, the most recent revelation is that Hunter Biden got his father to write recommendations to elite universities for two children of “a powerful Chinese business associate, Jonathan Li.”
Offering a typical non-denial denial, White House press secretary Jen Psaki claimed to have no knowledge of the letters.
“I have no confirmation of any recommendation letter the president wrote — when he was a private citizen, by the way, and not serving in public ­office,” Psaki said.
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