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Monday, October 7, 2024

Chinese-American Bank Hands Over Biden Records to House GOP

'Is that the Chinese Communist Party, is that a shot across President Biden's bow ... '

(Headline USA) Sen. Ron Johnson, R-Wisc., revealed this weekend that a Chinese-American bank has voluntarily handed over records related to the Biden family’s business dealings.

Cathay Bank disclosed Biden family records that match U.S. government records, Johnson told Fox News on Sunday, and they raise even more questions about President Joe Biden’s connection to his family’s business deals, he said.

“A bank from China, let’s face it, the Communist Party controls those types of institutions; they willingly gave us the documents that backed up the Treasury records,” Johnson said.

Cathay Bank’s records confirm House Oversight Committee findings that Biden family members received more than $3 million from one business deal with a Chinese energy company, according to Johnson.

The senator also wondered why Cathay Bank, which operates in Los Angeles, Beijing, Shanghai and Taipei, would voluntarily hand over the Bidens’s information.

“Is that the Chinese Communist Party, is that a shot across President Biden’s bow, saying, ‘Listen, this is some of the information we have. If you don’t toe the line, if you don’t do things that displease us, we’re going to even provide … more information,'” Johnson said.

Records show that Chinese Communist Party-backed energy company State Energy HK Limited wired $3 million to Biden family associate Rob Walker, who then doled out the cash to Hunter, Hallie and others tied to the family. Comer said it is not clear why Biden family members were receiving a cut.

House Republicans revealed this month that the Biden family may have made an additional 11 foreign business deals in addition to the one with HK Limited.

“This is one deal,” Rep. James Comer, R-Ky., chairman of the House Oversight Committee, said last week. “And I’m pretty confident we’ll be getting more bank records in very soon.”

Biden has repeatedly denied any knowledge of his family’s influence-peddling schemes.

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