When it comes to the Biden family’s business associations with Communist Party entities in China, it doesn’t get any more serious.
A recent report claimed that the scandal-ridden son of Joe Biden, Hunter, has come under the scrutiny of federal surveillance for some of his activity with communist China figures.
Here’s what reporter Paul Sperry said:
“US counterintelligence officials tell me Hunter Biden has come under federal surveillance amid growing concerns his partnerships with CCP-tied figures–notably Che Feng, aka ‘Super Chairman’–could ‘compromise’ the president or help Beijing gather US intel thru Hunter.”
“US counterespionage officials investigating alleged contacts between Hunter Biden and members of CFIUS during Chinese takeover of US firm making automotive parts w/ dual-use technologies. CFIUS approved the sensitive 2015 deal, which had national security implications,” he said.
DEVELOPING: US counterintelligence officials tell me Hunter Biden has come under federal surveillance amid growing concerns his partnerships with CCP-tied figures–notably Che Feng, aka “Super Chairman”–could “compromise” the president or help Beijing gather US intel thru Hunter
— Paul Sperry (@PaulSperry30) July 5, 2022
DEVELOPING: US counterespionage officials investigating alleged contacts between Hunter Biden and members of CFIUS during Chinese takeover of US firm making automotive parts w/ dual-use technologies. CFIUS approved the sensitive 2015 deal, which had national security implications
— Paul Sperry (@PaulSperry30) July 5, 2022
The following report comes after the “Washington Free Beacon” broke the story of Biden selling close to one million barrels of oil from the United States’ strategic reserve to a Chinese company linked to a Hunter Biden firm:
The Biden administration sold roughly one million barrels from the Strategic Petroleum Reserve to a Chinese state-controlled gas giant that continues to purchase Russian oil, a move the Energy Department said would “support American consumers” and combat “Putin’s price hike.”
Biden’s Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Unipec, the trading arm of the China Petrochemical Corporation. That company, which is commonly known as Sinopec, is wholly owned by the Chinese government. The Biden administration claimed the move would “address the pain Americans are feeling at the pump” and “help lower energy costs.” More than five million barrels of oil released from the U.S. emergency reserves, however, were sent overseas last month, according to a Wednesday Reuters report. At least one shipment of American crude went to China, the report said.
The Biden administration also claimed the Unipec sale would “support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine” and combat “Putin’s price hike.” But as the war rages on, Unipec has continued to purchase Russian oil. In May, for example, the company “significantly increased the number of hired tankers to ship a key crude from eastern Russia,” Bloomberg reported. That decision came roughly one month after Unipec said it would purchase “no more Russian oil going forward” once “shipments that have arrived in March and due to arrive in April” were fulfilled…
Turner also said the decision highlights the Biden family’s “relationship with China.” Biden’s son, Hunter Biden, is tied to Sinopec. In 2015, a private equity firm he cofounded bought a $1.7 billion stake in Sinopec Marketing. Sinopec went on to enter negotiations to purchase Gazprom in March, one month after the Biden administration sanctioned the Russian gas giant.
Republican Kentucky Rep. James Comer, a ranking member of the House Oversight Committee, accused the Biden Treasury Department of running “cover” for Hunter Biden by imposing a new rule for financial document requests.
Here’s what he said according to Fox News:
“The Biden Administration changed the rules to severely restrict Congress’ access to suspicious activity reports in the dark of night and with no explanation,” he said.” We now know Hunter Biden and other Biden family members have racked up at least 150 suspicious activity reports for their shady foreign business deals.”
“The Treasury Department’s sudden change of longstanding policy appears to be a broader pattern by the Biden Administration to run cover for Hunter Biden and possibly hide information about whether Joe Biden benefited financially from the Biden family’s business transactions,” he said. “The American people deserve answers and the Biden Administration must comply with congressional oversight.”
Also, a member of the House Oversight Committee Texas Rep. Pat Fallon, said that the agency’s stance was “unacceptable:”
“It’s simple – Hunter Biden is a threat to our national security and Americans deserve to know if his business transactions put our country’s well-being at risk,” he said. “For weeks, the Biden Administration has denied Ranking Member Comer’s access to Suspicious Activity Reports (SARs) surrounding Hunter Biden’s business endeavors.”
“This is unacceptable,” he said. “This Administration must drop the political charade immediately and allow Congress access to any bank violations that may have been made by the Biden family and their associates.”