“Where’s the money?,” President Joe Biden quipped over the summer when
asked by a reporter to comment on the House’s investigation into the bribery scandal swirling around his family. Comer continues to answer that question for the country, with a press release and video detailing the House Oversight Committee’s latest discovery from subpoenaed bank records that establish Joe Biden directly profited from his family’s influence-peddling.
A 12-page memorandum from the Oversight Committee’s staff to the majority members of the committee, which The Federalist has reviewed, details the latest development Comer summarized in his video and press release. The bottom line is a $40,000 check from Sara and James Biden’s personal checking account written to Joe Biden on Sept. 3, 2017, claiming to represent a “loan repayment.” But following that money upstream reveals it originated from the Chinese “business” partners Hunter Biden had threatened a little over a month earlier in a WhatsApp message.
Hunter Biden had sent that WhatsApp message on July 30, 2017, to Raymond Zhao, an associate of CEFC, the Chinese energy giant Hunter and James Biden began courting in 2016, while Joe Biden was vice president. After Joe Biden left office at the end of the Obama administration, according to one of Hunter Biden’s business partners, the Chinese communist-connected CEFC sent them a $3 million wire in March of 2017 as a “thank you” for the Bidens’ assistance in furthering their business interests.
But CEFC had committed to investing another $10 million, which an email recovered from Hunter Biden’s abandoned laptop indicated would be used to form a joint venture. CEFC’s founder and chairman, Ye Jianming, was to hold 50 percent interest in the company, and Hunter Biden, Jim Biden, and some of their business associates would hold the other 50 percent. That email noted Hunter Biden would own a 10 percent interest in the holding company for “the big guy,” a moniker used for Joe Biden.