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Breech of National Security for American company bought by China
US Senate ^ | August 14, 2019 | US Senate

Posted on 10/28/2020 7:57:00 AM PDT by Tippecanoe

August 14, 2019VIA ELECTRONIC TRANSMISSION The Honorable Steven Mnuchin Secretary Department of Treasury Dear Secretary Mnuchin: In the past, I have raised concerns regarding the Committee on Foreign Investment in the United States’ (CFIUS) decision-making process, most notably with respect to its approval of the Uranium One transaction where the Obama administration ceded some U.S. uranium production capacity to the Russian government.1 Today, I write to express concern about another Obama-era CFIUS-approved transaction which gave control over Henniges, an American maker of anti-vibration technologies with military applications, to a Chinese government-owned aviation company and China-based investment firm with established ties to the Chinese government. As with the Uranium One transaction, there is cause for concern that potential conflicts of interest could have influenced CFIUS approval of the Henniges transaction.2 Accordingly, Congress and the public must fully understand the decision-making process that led to the Henniges approvaland the extent to which CFIUS fully considered the transaction’s national security risks.

(Excerpt) Read more at finance.senate.gov ...


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: biden; china; corruption; russia

1 posted on 10/28/2020 7:57:00 AM PDT by Tippecanoe
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To: Tippecanoe

A quick search shows that the name Biden crops up 21 times in this 4 page letter. Okay, I’m going to read it now. My hopes are actually rising a bit....!


2 posted on 10/28/2020 8:12:01 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: Tippecanoe

did grassley ever get the documents he requested?

iteresting that this hussein/biden/kerry era aquistion drew interest from sen grassley in 2019, but this is the first I’ve seen of it being reported?


3 posted on 10/28/2020 8:14:14 AM PDT by thinden
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To: Tippecanoe
August 14, 2019

VIA ELECTRONIC TRANSMISSION

The Honorable Steven Mnuchin
Secretary
Department of Treasury

Dear Secretary Mnuchin:

In the past, I have raised concerns regarding the Committee on Foreign Investment in the United States’ (CFIUS) decision-making process, most notably with respect to its approval of the Uranium One transaction where the Obama administration ceded some U.S. uranium production capacity to the Russian government.1 Today, I write to express concern about another Obama-era CFIUS-approved transaction which gave control over Henniges, an American maker of anti-vibration technologies with military applications, to a Chinese government-owned aviation company and China-based investment firm with established ties to the Chinese government. As with the Uranium One transaction, there is cause for concern that potential conflicts of interest could have influenced CFIUS approval of the Henniges transaction.2 Accordingly, Congress and the public must fully understand the decision-making process that led to the Henniges approval and the extent to which CFIUS fully considered the transaction’s national security risks.

4 posted on 10/28/2020 8:15:29 AM PDT by Robert DeLong
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To: Tippecanoe

Oh geez, I just noticed the date. Why you do this???


5 posted on 10/28/2020 8:16:55 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: Tippecanoe

Lindsey Graham will hold hearings and 98% of the FBI are good.


6 posted on 10/28/2020 8:17:06 AM PDT by rrrod (6)
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To: rrrod

Except for the 2% at the top?


7 posted on 10/28/2020 8:36:54 AM PDT by CMB_polarization
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To: All
SOURCE https://justthenews.com/accountability/political-ethics/how-hunter-biden-tied-hedge-fund-helped-communist-china-obtain

Hunter Biden-tied fund helped Communist China obtain a Michigan auto parts maker
Co-buyer AVIC identified as front for China's military, and sanctioned
before Obama administration approved the Biden-connected sale.

By Seamus Bruner and John Solomon, Updated: September 9, 2020

As he was sewing up the Democrat nomination this spring, Joe Biden surprised many in foreign policy circles by publishing an essay arguing it was time to "get tough with China" and to stop its "robbing the United States and American companies of their technology and intellectual property."

For Biden, a four-decade advocate of trade and friendly relations with Beijing, it was a stunning turnabout that signaled the Democrat was concerned President Trump was winning the election-year battle over U.S.-China policy as tensions in the South China Sea, a trade war, and growing espionage cases created a Cold War-like atmosphere with China.

But for U.S. security experts, it was remarkable for another reason: An investment fund named Bohai Harvest RST (BHR) partly owned and directed by Biden's son, Hunter, and Secretary of State John Kerry's stepson, Chris Heinz, had just a few years earlier played a vital role in facilitating the sale of the Michigan-based auto parts maker Henniges Automotive to one of China's main military aircraft makers, Aviation Industry Corporation of China or AVIC.

That 2015 transaction approved by the Obama administration and its Committee on Foreign Investment in the United States (CFIUS) came just 15 months after the United States publicly added one of AVIC's subsidiaries to a Commerce Department blacklist (known as the "Entity List") and just months before the Obama administration resumed patrols in the South China Sea because of increased Beijing military aggression in the region, where AVIC-built military jets partake in China's activities.

The timing has left many, including Senate Finance Committee chairman Chuck Grassley (R-Iowa), questioning whether the CFIUS decision whitewashed security concerns because the vice president's son was involved in the transaction. Those concerns were heightened this June when the Pentagon listed the entire AVIC conglomerate on a list of companies subject to future sanctions because of its ties to the People's Liberation Army.

Henniges

8 posted on 10/28/2020 8:40:16 AM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: goldbux
Title: Breach not breech
9 posted on 10/28/2020 4:28:04 PM PDT by goldbux (No sufficiently rich interpreted language can represent its own semantics. -- Alfred Tarski, 1936)
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To: A_perfect_lady

The date?
There is *plenty* of material to convict, censure, jail, etc a slew of swamp critters. The Biden crime syndicate is just the latest round.
WTH don’t we get it done? Does the swamp infect too many for that to happen?

That is why we the People need to take more stern actions than just voting, which is largely rigged by the two parties anyway.

And it is why I volunteered for this:
In just 15 enlightening minutes, learn why and how we are invoking Article V of the Constitution to call a Convention of States and restore America, just as the Founders intended http://bit.ly/COSprezintro

Our NON-Partisan Political Plan to Call a Convention of States http://bit.ly/COSPlan
Sign Petition http://bit.ly/COS_petition
Volunteer here http://bit.ly/COS2Volunteer

And here is perhaps the most recent article supporting:
Avoiding Judicial Armageddon
[...] True, an Article V convention would be historically unprecedented. But just as historically unprecedented would be a brazen attempt to add four justices to the Supreme Court, as some have proposed. Given what’s at stake, it’s not hard to believe that the 34 states required to call a convention could rally behind a single amendment to cap the number of justices at nine. [...]
> https://www.nationalreview.com/2020/10/avoiding-judicial-armageddon/


10 posted on 10/29/2020 3:53:46 AM PDT by Tippecanoe (Article V baby....Article V!)
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