House Oversight Committee Chairman James Comer on Tuesday demanded the White House “correct” a “misleading and dishonest” statement by President Biden regarding more than $1 million his relatives got from a company with ties to China’s Communist Party.
Comer (R-Ky.) revealed last week that fewer than two months after Biden left office as Barack Obama’s vice president, State Energy HK Limited, a firm affiliated with Chinese Communist Party-backed energy company CEFC China Energy, wired $3 million to Biden family associate Rob Walker.
The dough was subsequently distributed to at least three members of the Biden clan and two Biden family associates, according to bank records obtained by the Oversight Committee.
Together, first son Hunter Biden, first brother James Biden and the president’s daughter-in-law Hallie Biden, who was in a relationship with Hunter at the time, raked in $1,065,692 from the mysterious 2017 transaction, according to the panel.
The 80-year-president Friday denied that the payments were made despite overwhelming evidence to the contrary — including an admission from a Hunter Biden rep.
“That’s not true,” Biden said when asked about the payments outside the White House on March 17 before jetting off to Delaware for the weekend.
In a letter Comer fired off to the White House in response Tuesday, he wrote, “The Committee is concerned about the national security implications of a President’s or Vice President’s immediate family receiving such lucrative financial deals from foreign nationals and foreign companies without any oversight,” Fox News reported.
“President Biden’s statement was misleading and dishonest,” Comer said, noting that his committee has “received the bank documents from a financial institution pursuant to a subpoena.”
The Oversight Committee chairman also pointed to a statement issued by Hunter Biden’s legal team last week that acknowledged the payments linked to China.
“Further undercutting President Biden’s assertion, Hunter Biden’s legal team publicly acknowledged he was involved in a ‘joint venture’ with an ‘energy company in China’ and ‘shared’ his portion of the funds with James and Hallie Biden,” Comer said in the missive addressed to White House press secretary Karine Jean-Pierre.
The statement from Hunter Biden’s legal team, issued the same day Comer released the memo on the Biden family’s business deals in China, read, “Hunter Biden, a private citizen with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China.
“As part of that joint venture, Hunter received his portion of good faith seed funds which he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved with at the time, and sharing expenses.”
But Comer argued that the country deserves “honest and transparent answers from President Biden related to his family’s questionable foreign business deals,” and that “despite the overwhelming evidence, President Biden continues to deny his family’s involvement in suspicious foreign financial transactions.”
Comer ended his letter by requesting that Jean-Pierre “correct [Biden’s] March 17, 2023, statement that the evidence from the bank records is ‘not true’ or explain, in detail, which financial transactions in the chart below that he is disputing.”
Comer is demanding that Jean-Pierre correct Biden’s statement by March 27.