CNN anchor Erin Burnett has admitted evidence that members of President Biden’s family received over $1million from various accounts linked to son Hunter’s Chinese business associates ‘doesn’t look good’ for the First family.
During a recent episode of CNN’s ‘Erin Burnett OutFront,’ the host touched on the subpoenaed financial records, which were obtained by the House Oversight Committee.
The records show that money from the president’s troubled son was funneled to several members of the Biden clan including James Biden, and Beau Biden’s widow Hallie Biden.
Burnett brought up the subpoenaed financial records, which show that Hunter’s business partner funneled funds to several of his family members, with ‘Just Security’ co-editor-in-chief Ryan Goodman.
She said any layperson would think the Chinese payoff payments don’t ‘look good.’
The GOP-led House Oversight Committee successfully subpoenaed Bank of America records that tie indirect Chinese funds to the First family
Goodman, however, said that in all likelihood, nothing ‘damaging legally’ would come of the records, though they may present ‘possibly unethical’ behavior.
‘When I look at all of the facts alleged in the four-page memo, it looks potentially unethical. But it’s difficult to match it up with any illegality or crime,’ said Goodman.
Goodman also noted that the payments could look like ‘influence-peddling’ between foreign assets and the Bidens, as some Republicans have warned for years may be the case, but again noted that he didn’t see anything illegal at play.
Only recently did CNN begin to cover Hunter Biden’s allegedly corrupt behavior, first running its own report about the Biden family’s questionable ethics in January – more than two years after the New York Post first reported on Hunter’s laptop.
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 zeroed in on Hunter Biden’s associate John R. Walker for questioning after poring over years’ worth of his bank records and uncovering 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 firm affiliated with CEFC China Energy, then distributed $1.3 million to accounts associated with Biden family members.
Hunter Biden and Joe’s brother Jim were the others to get a cut of the cash.
Comer wrote 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 matter and has reviewed evidence showing you received millions of dollars originating from a Chinese energy company and elsewhere.’
CNN host Erin Burnett speaks with Ryan Goodman, saying it ‘doesn’t look good’ for the Biden family to have accepted more than $1million in Chinese money
The White House hit back after Republicans subpoenaed bank records and released documents purporting to show that Hallie Biden received a cut of $1.3 million in cash from China. Beau Biden’s widow was identified on Thursday as the third member of the first family wrapped up in Rep. James Comer’s investigation into allegations they used their names to profit on business 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 chair of House Oversight, subpoenaed bank information, says Walker’s company got $3 million from a Chinese firm 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 pushed back on a Republican report that members of his family received more than $1 million in payments from China
Democrats fumed at 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 blasted the disclosures as old news – and said the funds transferred to Hallie Biden were part of ‘sharing expenses.’ Hunter has previously acknowledged 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 in a wild and baseless right-wing conspiracy,’ said the spokeswoman in a statement provided to DailyMail.com.
‘Hunter Biden, a private citizen with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China. As part of that joint venture, Hunter received his portion of good faith seed funds which he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved with at the time, and sharing expenses. The accounts so dramatically listed by Rep. Comer belonged to Hunter, his uncle and Hallie – nobody else,’ said the spokeswoman.
The White House has previously denied any involvement by President Biden in his family’s business practices.
On Friday, President Joe Biden pushed back on the report about his family accepting $1million 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.