Free Republic

The deal was years in the making, the culmination of forging contacts, hosting dinners, of flights to and from China. But on Aug. 2, 2017, signatures were quickly affixed, one from Hunter Biden, the other from a Chinese executive named Gongwen Dong. Within days, a new Cathay Bank account was created. Within a week, millions of dollars started to change hands. While many aspects of Hunter Biden’s financial arrangement with CEFC China Energy have been previously reported and were included in a Republican-led Senate report from 2020, a Washington Post review confirmed many of the key details and found additional...

The House Oversight Committee issued subpoenas to banks asking for the Biden family's financial records. Fox News has confirmed that the Oversight Committee subpoenaed Bank of America, Cathay Bank, JPMorgan Chase, HSBC USA N.A., as well as former Hunter Biden business associate Mervyn Yan asking for financial records. Rep. Jamie Raskin, D-Md., the top Democrat on the Oversight Committee, complained that Committee Chairman James Comer, R-Ky., was trying to hide information regarding the investigation from Democrats on the committee. In a statement to Fox News, Comer said "Ranking Member Raskin has again disclosed Committee’s subpoenas in a cheap attempt to...

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. Cathay Bank, which is based in Los Angeles but has offices in China, voluntarily turned over bank records requested by Sens. Ron Johnson of Wisconsin and Charles E. Grassley of Iowa. 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...

Wisconsin GOP Sen. Ron Johnson 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. 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...

Wisconsin GOP Sen. Ron Johnson 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.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...