CNN anchor admits Biden’s family receiving more than $1million in Chinese cash doesn’t ‘look good’
CNN anchor Erin Burnett admitting evidence that members of President Biden’s family received more than $1 million from various accounts linked to son Hunter’s Chinese business partners “doesn’t look good” for the First family.
During a recent episode of CNN’s “Erin Burnett OutFront,” the host referred to the subpoenaed financial records, which were obtained by the House Oversight Committee.
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 cited the financial records cited, which show Hunter’s business associate funneled funds to various members of his family, with Just Security co-editor Ryan Goodman.
She said that any layperson would think that Chinese payments don’t “look good.”
The GOP-led House Oversight Committee successfully subpoenaed Bank of America records linking indirect Chinese funds to the First family
Goodman, however, said that in all likelihood, nothing “legally harmful” would result from the searches, although they may exhibit “possibly unethical” behaviour.
“When I look at all the facts alleged in the four page memo, it seems potentially unethical. But it’s hard to connect it to any illegality or crime,” Goodman said.
Goodman also noted that the payments could look like “influence peddling” between the foreign assets and the Bidens, as some Republicans have warned for years may be the case, but again noted that he saw nothing illegal at play.
CNN recently began covering Hunter Biden’s alleged corrupt behavior, first publishing its own report on the Biden family’s questionable ethics in January, more than two years after the New York Post first reported on Hunter’s laptop. Hunter.
The House Oversight Committee, led by Republican Rep. James Comer of Kentucky, has obtained more than a decade of bank records through subpoenas as it investigates the Biden family.
They have targeted Hunter Biden’s associate John R. Walker for questioning after poring over his bank records for years and discovering a $35,000 payment to Hallie Biden, Beau Biden’s widow.
The GOP findings indicated 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 associated with members of the Biden family.
Hunter Biden and Joe’s brother Jim were the others to get a piece of the cash.
Comer wrote to Walker that the panel “is investigating President Biden’s involvement in his family’s business practices” and “identified him as a key witness in this matter and reviewed evidence showing that he received millions of dollars from a company energy from China and elsewhere.
CNN anchor Erin Burnett speaks with Ryan Goodman and says it “doesn’t look good” that the Biden family has accepted more than $1 million in Chinese money.
The White House responded after Republicans requested bank records and released documents purporting to show Hallie Biden received a share of $1.3 million in cash from China. Beau Biden’s widow was identified Thursday as the third member of the first family involved in Rep. James Comer’s investigation into allegations that her names were used to profit from trade deals.
Hallie Biden, seen here with Beau Biden, received $35,000 from Biden associate John Robinson Walker, according to Rep. James Comer. Comer, who, as president of House Oversight, requested banking information, says Walker’s company obtained $3 million from a Chinese company in 2017.
Joe (left) and Jim (right) Biden pictured in 2008. Records now indicate that Jim Biden was one of several family members who accepted indirect Chinese cash.
President Joe Biden has rejected a Republican report that his family members received more than $1 million in payments from China.
Democrats raged at Comer’s public campaign on Thursday, with the White House calling it an “attack” on the president’s daughter-in-law.
A spokesperson for Hunter Biden’s legal team blasted the revelations as old news, saying the funds transferred to Hallie Biden were part of “shared costs.” Hunter previously acknowledged that he was in a relationship with her at the time.
“Here we go again as Rep. Comer takes something old and tries to make it new by wrapping it up in a wild and baseless right-wing conspiracy,” the spokeswoman said in a statement provided to DailyMail.com.
‘Hunter Biden, a private citizen with full rights to pursue his own business endeavors, joined several business partners in seeking a joint venture with a legitimate privately owned energy company in China. As part of that joint venture, Hunter received his share of the bona fide seed funds that he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved at the time and shared expenses. The accounts listed so dramatically by Rep. Comer belonged to Hunter, his and Hallie’s uncle, no one else,” 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 rejected the report about his family’s acceptance of $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.