Joe Biden’s Home Listed as Beneficiary Address in Suspicious $260,000 Wires from China: House Oversight Committee

Originally published September 27, 2023 6:46 am PDT

In a groundbreaking revelation, the House Committee on Oversight and Accountability, led by Chairman James Comer (R-KY), disclosed details of bank wires from Chinese nationals to Hunter Biden, which list Joe Biden’s Wilmington, Delaware home as the beneficiary address.

The committee divulged that it had subpoenaed and subsequently procured two bank wires, illustrating transactions made in July and August 2019 when Joe Biden was in the presidential race.

“Bank records don’t lie but President Joe Biden does,” asserted Chairman Comer, highlighting the gravity of the allegations made against President Biden.

The Chairman emphasized that in 2020, the President avowed to the American people that his family had not received any money from China, a statement now under severe scrutiny with the recent revelations.

“We’ve already proved that to be a lie earlier this year,” Comer continued, indicating an ongoing inquiry into the financial dealings of the Biden family.

The payments under the microscope are associated with Jonathan Li, a Chinese national who had developed a business relationship with Hunter Biden during Joe Biden’s vice presidency.

Notably, the first transaction of $10,000 was received by Hunter Biden from Wang Xin on July 26, 2019.

Subsequently, a substantial wire of $250,000 from Jonathan Li and Tan Ling reached him on August 2, 2019. Both transactions originated in Beijing.

Jonathan Li’s connection to the Bidens seems to have been longstanding, extending back to Joe Biden’s tenure as Vice President.

Devon Archer, a business associate of the Bidens, elucidated how Joe Biden and Jonathan Li had met in Beijing, China, establishing a familiar relationship, encapsulated by phone calls and the exchange of college recommendation letters for Li’s children.

Chairman Comer accentuated the potential national security implications of such undisclosed financial connections, proclaiming, “Joe Biden’s abuse of public office for his family’s financial gain threatens our national security.”

The question that looms large is the utilization of the money received from Beijing, with Comer stating, “Americans demand and deserve accountability for President Biden and the First Family’s corruption.”

The Oversight Committee is vowing to persevere in its pursuit of transparency and accountability, collaborating with the Judiciary and Ways and Means Committees to trail the evidence and money revealed in the subpoenaed bank wires.

The narrative surrounding these wires contradicts public statements made by the Biden family.

On October 13, 2019, Hunter Biden’s attorney George Mesires declared that Hunter Biden received no money from BHR and did not disclose any payments from Jonathan Li.

Further, Joe Biden in his October 22, 2020 statement, denounced any allegations regarding his son making money in China, declaring, “My son has not made money, in terms of thing about, what are you talking about? China. The only guy who made money in China is [President Trump].”

The Committee has referenced specific instances of the Bidens’ engagement with Chinese nationals, such as a 2013 vice presidential trip to Beijing, during which Hunter arranged for Li to meet his father.

Reports indicated that Li shook hands with Joe Biden in the lobby of the American delegation’s hotel on December 4.

House Speaker Kevin McCarthy (R-CA) on Wednesday pointed out that in 2020 the elder Biden had denied his family profited from China.

“Biden told this lie shortly after his son was wired $260k from China, with Joe’s Delaware home listed as the beneficiary address,” Rep. McCarthy wrote in a Twitter (X) post.

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