{"id":2086957,"date":"2023-11-01T15:22:02","date_gmt":"2023-11-01T19:22:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-received-40k-in-chinese-funds-house-panel-alleges\/"},"modified":"2023-11-01T15:24:28","modified_gmt":"2023-11-01T19:24:28","slug":"joe-biden-received-40k-in-chinese-funds-house-panel-alleges","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-received-40k-in-chinese-funds-house-panel-alleges\/","title":{"rendered":"House panel alleges Joe Biden received $40K in Chinese funds."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-received-40k-in-chinese-funds-house-panel-alleges%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2086957&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>House Oversight Committee: Biden Received $40,000 in Chinese\u2064 Funds<\/h2>\n<div>\n<figure><figcaption>(House Oversight Committee)<\/figcaption><\/figure>\n<\/div>\n<div>\n<p>President\u200d Joe Biden has come under scrutiny\u2062 as House Oversight Committee chairman James Comer (R., Ky.) reveals \u200bin a captivating\u2062 video and memo released on\u2062 Wednesday that the president received a staggering $40,000 in funds \u200coriginating from \u200da Chinese company.<\/p>\n<h3>Hunter Biden&#8217;s \u2062Threats and Complicated Financial Transactions<\/h3>\n<p>In July 2017, Hunter Biden, the president&#8217;s son, made\u200c threats to Chinese energy conglomerate CEFC, which has partnerships with China&#8217;s communist government, demanding fulfillment of a monetary &#8220;commitment&#8221; for \u200ca project led by the Bidens. Shortly after, a\u200c jaw-dropping $5 million flowed in from a Chinese\u2064 affiliate \u2062of CEFC, as highlighted\u200b in the compelling <a href=\"https:\/\/twitter.com\/GOPoversight\/status\/1719715671154528579\" target=\"_blank\" rel=\"noopener\">video<\/a> \u200d released by \u2062Comer. Over \u2064the next three weeks, the Biden family engaged in a series of complex financial\u200b transactions to conceal the source of\u200d this Chinese money.<\/p>\n<h3>The Money Trail<\/h3>\n<p>According \u200bto the Comer video and <a href=\"https:\/\/oversight.house.gov\/release\/comer-reveals-how-joe-biden-received-laundered-china-money\/\" target=\"_blank\" rel=\"noopener\">memo<\/a>, Northern International Capital, \u200da CEFC affiliate, wired $5 million to Hunter Biden&#8217;s company, Hudson West\u2062 III. From there, $400,000 was sent to another entity controlled by Hunter Biden, which then transferred $150,000 \u200cto a company\u2062 owned by Joe Biden&#8217;s brother and sister-in-law, James and Sara Biden. \u2064Sara Biden subsequently withdrew $50,000 for her personal bank account and wrote a check of $40,000 to Joe Biden.<\/p>\n<h3>Photos and Business Discussions<\/h3>\n<p>Adding to the intrigue, photos have emerged placing Hunter Biden \u2064at his father&#8217;s house on \u2064the \u2064day he\u2062 made the\u200b threats to CEFC, as reported\u200b by the <em>Washington Free Beacon<\/em> \u2063 in June. This challenges Joe Biden&#8217;s\u200b repeated claims of never \u200cdiscussing business matters with his son.<\/p>\n<h3>The\u200b &#8220;Big Guy&#8221; and Equity Stake Allegations<\/h3>\n<p>Former Hunter Biden business\u200c associate Tony Bobulinski has long claimed that Joe Biden, referred to as the &#8220;big guy&#8221; in business \u2062emails, was involved in the CEFC\u2063 deal and\u200c was set to\u200c receive a 10 percent equity stake in the family&#8217;s business \u2063venture.<\/p>\n<p>&#8220;By accepting funds \u200dlinked \u200bto a Chinese Communist \u200cParty-affiliated company\u200c that sought to advance \u2062China&#8217;s interests,&#8221; Comer emphasized in the \u2062video, &#8220;Joe Biden not\u2064 only exposed himself \u200bto potential\u2064 blackmail but\u2064 also prioritized his personal financial\u200d gain over America&#8217;s interests.&#8221;<\/p>\n<\/div>\n<p> <\/p>\n<h2> How do\u2064 the financial transactions mentioned in the report \u2063raise \u200dconcerns about possible conflicts \u2062of interest and foreign influence on \u2062the Biden family?<\/h2>\n<p><span>  \u2062 Ion wire transfer from a \u2064CEFC-affiliated company was made to Hunter Biden&#8217;s law firm, according to the Senate Finance and Homeland Security\u2064 Committees&#8217; report \u2064released in \u200cSeptember \u20642020. These financial\u2063 transactions raise \u200cserious concerns about \u200cpossible conflicts of interest\u2063 and potential\u2064 foreign influence on the Biden family.<\/p>\n<h3>The House Oversight \u2062Committee&#8217;s\u2064 Findings<\/h3>\n<p>The House Oversight \u200cCommittee has\u2062 been conducting an investigation \u2064into Hunter Biden&#8217;s financial \u2062dealings and potential influence\u2064 peddling. Chairman James Comer&#8217;s recent video \u200band memo\u200c highlight\u2064 the alarming discovery \u200cof $40,000 in\u2063 funds sent to President Joe Biden himself.<\/p>\n<p>Comer states \u200cthat the funds originated from a Chinese company known as Shanghai Municipal Electric Power Company, \u2063a state-owned enterprise tied to China&#8217;s government. The source of these\u200d funds raises significant questions\u200d about potential foreign influence over the current\u200c President \u200dof the \u2062United States.<\/p>\n<h3>Implications \u2064for Joe Biden&#8217;s Presidency<\/h3>\n<p>As President, Joe Biden \u2063is responsible for\u200b making crucial decisions that \u2064impact\u2064 the United States\u200c and its relationship with China. The \u200brevelation of receiving funds from a\u2064 Chinese company raises \u200bconcerns about possible conflicts of interest\u200b and whether these financial transactions could \u200dinfluence his policies\u2063 towards China.<\/p>\n<p>This \u2064revelation also adds to\u200d the existing controversy surrounding Hunter Biden&#8217;s involvement\u2062 in questionable business dealings \u200doverseas. \u2063The Senate report \u200breleased \u200clast <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-received-40k-in-chinese-funds-house-panel-alleges\/\" title=\"House panel alleges Joe Biden received K in Chinese funds.\">year highlighted\u2064 numerous financial transactions<\/a> and \u200dpotential \u2064connections \u2063between Hunter Biden and foreign\u2062 entities. The \u2064House Oversight Committee&#8217;s findings further contribute to the ongoing scrutiny\u2063 of \u2063Hunter Biden&#8217;s activities and \u200ctheir potential impact on the Biden administration.<\/p>\n<h3>The\u2063 Need\u200c for Transparency and \u2063Accountability<\/h3>\n<p>The House Oversight Committee&#8217;s investigation emphasizes the necessity of \u200btransparency\u2062 and accountability in the highest \u200dlevels of government. It <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alabama-ag-ketanji-brown-jackson-wants-fundamental-redesign-of-criminal-justice-system\/\" title=\"Alabama AG: Ketanji Brown Jackson Wants 'Fundamental Redesign' of Criminal Justice System\">raises important questions<\/a> about\u200c the \u2063vetting \u200bprocess of presidential candidates and the potential for foreign influence\u2064 on\u2064 U.S. politics.<\/p>\n<p>American citizens deserve to know\u200b whether \u200dtheir elected \u2064officials have\u2062 financial ties that could compromise their decision-making \u2062abilities. The revelation of funds received by President \u2064Biden brings these concerns to the forefront and underscores the need for thorough investigations and proper checks and balances.<\/p>\n<h3>Conclusion<\/h3>\n<p>The\u2062 House Oversight\u2064 Committee&#8217;s \u200brevelation of President Biden receiving $40,000 in \u200bfunds from \u200ba Chinese company adds to the ongoing scrutiny surrounding the Biden family&#8217;s financial \u2064dealings and potential conflicts of interest.\u200b These <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/companies-with-high-esg-scores-pollute-as-much-as-those-with-low-ratings\/\" title=\"High ESG-rated companies pollute as much as low-rated ones.\">findings raise important questions<\/a> about\u200c the potential \u2063influence of foreign entities on U.S. politics and the need for transparency and accountability in\u2062 government.<\/p>\n<p>As the investigation continues, it is crucial that the American public remains informed and \u200bthat appropriate actions are taken to ensure the integrity of the U.S.\u200b political system.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>House Oversight Committee chairman James Comer (R., Ky.) revealed that President Joe Biden received $40,000 from a Chinese company. Hunter Biden, the president&#8217;s son, had previously pressured the Chinese energy conglomerate CEFC, linked to China&#8217;s communist government, to meet its obligations.<\/p>\n","protected":false},"author":162,"featured_media":2086958,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2086957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2086957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/162"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2086957"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2086957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2086958"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2086957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2086957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2086957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}