CNN anchor admits Biden’s family receiving more than $1 million in Chinese money ‘doesn’t look good’
CNN anchor Erin Burnett has admitted evidence that members of President Biden’s family received more than $1 million from various bills related to son Hunter’s Chinese business associates “doesn’t look good” for the First family.
On a recent episode of CNN’s “Erin Burnett OutFront,” the host spoke about subpoenaed financial records obtained by the House Oversight Committee.
The records show that money from the president’s troubled son was funneled to various members of the Biden clan, including James Biden, and Beau Biden’s widow, Hallie Biden.
Burnett brought forward the subpoenaed financial records showing Hunter’s business partner funneled money to several of his family members, with “Just Security” co-editor Ryan Goodman.
She said any layman would think the Chinese payouts “don’t look good.”
GOP-led House Oversight Committee successfully subpoenaed Bank of America records linking indirect Chinese funds to First family
However, Goodman said in all likelihood nothing “legally harmful” would come out of the documents, even though they show “potentially unethical” behavior.
“When I look at all the facts stated in the four-page memo, it looks potentially unethical. But it’s hard to link it to any kind of illegality or crime,” Goodman said.
Goodman also noted that the payments could resemble “influence trading” between foreign assets and the Bidens, as some Republicans have been warning for years, but reiterated that he saw nothing illegal at play.
It was only recently that CNN began covering Hunter Biden’s allegedly corrupt behavior, first issuing its own report on the Biden family’s questionable ethics in January — more than two years after the New York Post first reported on the Biden’s laptop. Hunter reported.
The House Oversight Committee, led by Republican James Comer of Kentucky, has obtained more than a decade of banking records through subpoenas as it investigates the Biden family.
They’ve taken John R. Walker, an associate of Hunter Biden, for questioning after years of digging through his bank records and discovering a $35,000 payment to Hallie Biden, Beau Biden’s widow.
The GOP findings stated that Walker received a $3 million wire transfer from Chinese State Energy HK Limited, a company affiliated with CEFC China Energy, and then distributed $1.3 million to accounts related to Biden’s family members.
Hunter Biden and Joe’s brother Jim were the others who got a share of the money.
Comer wrote to Walker that the panel is “investigating President Biden’s involvement in his family’s business practices” and “has identified you as a critical witness in this case and reviewed evidence showing that you received millions of dollars from a Chinese energy company and elsewhere’.
CNN host Erin Burnett speaks to Ryan Goodman and says it ‘doesn’t look good’ that the Biden family accepted more than $1 million in Chinese money
The White House hit back after Republicans subpoenaed bank records and released documents showing Hallie Biden received a $1.3 million cash rebate from China. Beau Biden’s widow was identified Thursday as the third member of the first family embroiled in Rep.’s investigation. James Comer to allegations that they used their name to profit from business deals
Hallie Biden, seen here with Beau Biden, received according to Rep. James Comer $35,000 from Biden associate John Robinson Walker. Comer, who subpoenaed bank records as chairman of House Oversight, says Walker’s company got $3 million from a Chinese firm in 2017
Joe (left) and Jim (right) Biden pictured in 2008. Records now show Jim Biden was one of many family members who indirectly accepted Chinese money
President Joe Biden opposed a Republican report that members of his family had received more than $1 million in payments from China
Democrats were furious with Comer’s public campaign Thursday, with the White House calling it an “attack” on the president’s daughter-in-law.
A spokesperson for Hunter Biden’s legal team called the revelations old news — saying the money transferred to Hallie Biden was part of “expenditure sharing.” Hunter has previously acknowledged that he was in a relationship with her at the time.
“Here we go again as Rep. Comer is taking something old and trying to make it new by wrapping it in a wild and baseless right-wing conspiracy,” the spokeswoman said in a statement to DailyMail.com.
Hunter Biden, a private individual with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a private, legitimate energy company in China. As part of that joint venture, Hunter received his share of the seed capital funds in good faith that he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved at the time, and shared the cost. The accounts listed so dramatically by Rep. Comer belonged to Hunter, his uncle and Hallie — nobody else’s,” the spokeswoman said.
The White House has previously denied any involvement by President Biden in his family’s business practices.
On Friday, President Joe Biden pushed back the report about his family accepting $1 million in Chinese funds.
“That’s not true,” Biden said when asked about it as he left the White House to spend the weekend at his home in Wilmington, Del.