House Oversight Committee Chair James Comer (R-KY) expressed “a sense of urgency” on Sunday to find out whether President Joe Biden is compromised by his family’s foreign business dealings in China, Russia, and Ukraine.
“There’s a sense of urgency for our investigation to be able to determine whether or not this administration is compromised,” Comer told the Wall Street Journal.
Comer, who is investigating the Biden family for nine violations, including tax evasion, money laundering, and wire fraud, has sent out demand letters to Hunter and James Biden, demanding their financial records and communications with business associates to ascertain whether their foreign business deals in China have compromised the president. Hunter has rejected the demand, causing Comer to hint at launching a subpoena to compel.
Speaking with ABC News’ George Stephanopoulos, Comer said he is worried about the security of the nation under the Biden administration in the wake of recent Chinese national security threats.
“China continues to steal our intellectual property. They continue to steal our patents. They manipulate their currency. We believe they have a big footprint in academia with a massive spy ring within our research universities. They continue to steal our hard-earned research and development,” Comer said. “China is a problem.”
“This administration thus far has not set a very good example of standing up to China. I think that shooting the balloon down… is very disturbing,” he added. “Americans are outraged that China flew a balloon over the United States… I think Americans would be outraged to know how much money the Biden family has taken in from China,” Comer said.
Comer’s investigation could ultimately lead to the formulation of stronger ethics and financial disclosure laws to block political families from peddling influence.
Throughout Joe Biden’s political career, the Biden family has conducted business deals with Chinese entities. In one example, according to Hunter’s “Laptop from Hell,” an email revealed a proposed percentage distribution of equity in a company created for a joint venture with CEFC China Energy Co. and the Biden family. The proposed business venture, sent on March 13, 2017, included “10 held by H for the big guy?”
The CEFC deal was between Hunter’s former business partner, Tony Bobulinski, the Biden family, and high-ranking members of the Chinese Communist Party. Bobulinski confirmed “the big guy” was a reference to Joe Biden.
