TREASON:
Joe and Hunter Biden Selling US Natural Gas and Drilling Assets to China
By Pamela Geller - on
Rep. Comer recently obtained new
documents that show Hunter and Joe Biden were working to sell American natural
gas and drilling assets to Communist China. Rep. James Comer (R-KY) went on
with John Solomon from Just the News on RAV on Thursday (9-22-2022).
The Biden regime has banned energy for Americans. But plenty for
their paymasters
Treason as policy.
GOP reps seek Treasury reports on ‘millions’ paid to Biden family by
Chinese company
From the Committee on Oversight and Reform:
House Committee on Oversight and Reform Ranking Member James
Comer (R-Ky.) today is pressing Department of the Treasury Secretary Janet
Yellen for information about the Biden family selling American natural gas to
China in 2017 and Joe Biden’s involvement. Documents and communications
obtained by Committee Republicans reveal Joe Biden was involved in the
arrangement as a business partner, had office space, and may have benefitted
financially from his family’s transaction selling American energy to a Chinese
business closely affiliated with the Chinese Communist Party. Ranking Member
Comer is calling on Secretary Yellen to provide all suspicious activity reports
for the Biden family’s transactions with Chinese entities.
“Documents obtained by Committee Republicans show that the Biden
family received millions of dollars from a Chinese business closely affiliated
with the Chinese Communist Party, and therefore the Chinese government, to ship
American natural gas to China. According to additional information provided by
a whistleblower, Joe Biden was involved with this arrangement as a business
partner, and documents reveal he even had office space to work on the deal.
This comes to light at a time when the cost of natural gas is at a 14-year high
and Americans struggle to pay their energy bills. The President has not only
misled the American public about his past foreign business transactions, but he
also failed to disclose that he played a critical role in arranging a business
deal to sell American natural resources to the Chinese while planning to run
for President,” wrote Ranking Member Comer. “We
are concerned that the President may have compromised national security in his
dealings with the country most adverse to U.S. interests—China.”
Under the Biden Administration, the Treasury Department changed
its policy for releasing Suspicious Activity Reports (SARs)—a tool provided in
the Bank Secrecy Act—to Congress. According to media reports, Hunter Biden and
other Biden family members have racked up at least 150 SARs related to their
foreign business deals. On May 25, 2022, Ranking Member Comer wrote to Secretary Yellen requesting all SARs generated
for Hunter Biden and other Biden associates and family members’ financial
transactions. He reiterated his request on July 6, 2022. In the Treasury
Department’s September 2, 2022, letter to Committee Republicans, Treasury
stated that SARs may be provided “upon a written request stating the particular
information desired, the criminal, tax or regulatory purpose for which the
information is sought, and the official need for the information.”
“Multiple whistleblowers have confirmed to Committee Republicans
that from 2017 to 2021, the Biden family made promises to business associates
that: (1) Joe Biden would run for President in 2020 and, (2) those who worked
with the Bidens in 2017 onward would reap the rewards in a future Biden
Administration. As America now struggles in an energy crisis, it is critical to
understand why the Biden family was selling American energy reserves to the
Chinese, if that is affecting President Biden’s decision making today, and why
President Biden has never disclosed his relationship with the Chinese to the
American public,” continued Ranking Member Comer. “If
President Biden has worked to enrich not only himself but his family by
promising, in exchange for millions of dollars, access or policy influence in a
future Biden Administration, Congress and the American people are entitled to
that information. Particularly since the Biden family promised business
partners similar access to a future Biden Administration in other business
deals, all while President Biden continues to deny any knowledge of Hunter
Biden’s business dealings.”
The letter to Secretary Yellen and associated documents can be
found here.
Congress secures
first Hunter Biden whistleblowers as memos unmask lucrative gas deals with
China
Internal company memos show Hunter Biden effort to score
American LNG ports, gas deals, and drilling ventures for Beijing
By John Solomon, Just the News, September 23, 2022:
President Joe Biden boasts proudly today he
is leading an “incredible transition” from fossil fuels, but just
three years before he won the presidency his family worked to score billions of
dollars in deals helping executives in communist China gain access to U.S.
natural gas, oil and energy infrastructure, according to internal business
memos and interviews with congressional investigators.
Memos obtained by Just the News from the
Hudson West III LLC partnership that presidential son Hunter Biden operated
with a prominent Chinese business executive named Gongwen Dong show the Biden
family pursued at least 21 major deals in 2017 and 2018 for Chinese interests
seeking U.S. energy assets, including liquified natural gas export terminals,
LNG trade deals, drilling exploration firms, pipelines and other key energy
assets.
Many of the deals targeted assets in the
oil-rich Gulf Coast, including Louisiana, and aimed to help an energy-hungry
China gain access to U.S. oil and gas, according to a summary memo of the 21
deals. Just the News found the memo on a Hunter Biden laptop turned over to the
FBI in 2019 and corroborated its authenticity with a Biden business associate
directly familiar with the deals and memos.
“Discussed both oil and LNG
trading/exporting opportunities,” one memo sent to Hunter Biden read. “Our team
was more interested in pursuing the LNG spread trading opportunities, due to
the timing of upcoming winter peak usage season and the spiking natural gas price
in China.”
That LNG deal and others like it never went
forward, but Hunter Biden’s team chose to pivot in 2018 to other oil and gas
deals, ranging from pipelines to drilling assets, the memo shows.
“Explore U.S. natural gas industry
midstream investment opportunities (including natural gas pipeline projects
with international and U.S.-based financial institutions),” the memo
recommended as one of the 2018 opportunities.
Another goal, the memo stated: “Explore
potential investment opportunities in the petrochemical and energy production
space.”
The Hudson West III opportunities memo
stated it was seeking to acquire interests in some drilling and exploration
companies, like Noble Energy’s parent firm, that had fallen on hard times when
oil and gas prices plummeted during the Trump administration. “Explore
potential investment opportunity in distressed international energy company
affiliates (for example, the Noble Group and affiliates),” the memo read.
File
The Hunter Biden-connected firm also
dabbled with the notion of getting better prices by targeting minority-owned
energy firms that got preferential treatment in some markets. The “model
involves the support and nurturing of minority business and commodity brokers”
and the benefit would be to “gain further discount and better service terms
from its oil major partners,” the strategy memo stated.
According to evidence released by Republican Sens. Charles Grassley and Ron Johnson and Rep. James Comer (R-Ky.), Hudson West III’s goal was to find
deals to benefit its primary partner in Beijing, CEFC, the Chinese energy giant
led by Chinese businessman Ye Jianming, whom Hunter Biden met back in 2015.
The size of some of the deals Hudson West
III sought were massive, ranging from $800 million to as large as $2.8 billion,
one internal company memo stated.
Comer, the top Republican on the House Oversight
Committee and its likely chairman next year if the GOP wins control of
Congress, told Just the News on Thursday night that he has secured cooperation
from at least two of Hunter Biden’s former business associates, who have
authenticated that Hunter Biden’s strategy was to help China secure U.S. oil
and gas interests.
“What we know is that Hunter Biden’s
company Hudson West III was negotiating a deal with the Chinese energy company
CEFC to not only purchase American natural gas, but also to try to start
purchasing interest in American drillers for natural gas so they can start to
take control of the American natural gas industry through the drillers,” the
congressman said in an interview with the “Just the News, Not Noise” television
show.
“We have two whistleblowers,” he added.
“And I’m confident they’re going to come forward in a Republican majority when
I can conduct hearings, and I have the gavel for oversight, to tell us in
detail what their objectives were. And these people were associates of Hunter
Biden. And the ultimate goal — and the Bidens knew this — was for China to
start to take ownership in all the different parts of the natural gas industry
in the United States.”
Earlier this month, Comer wrote the Treasury Department
asking for financial records related to Hunter Biden’s dealings with the
Chinese, disclosing to Secretary Janet Yellin that his staff obtained a
detailed business plan in Mandarin — including maps of U.S. shale gas deposits
— showing the president’s son used Hudson West III to create a “plan to sell
American natural gas reserves to China.”
THE TRUTH MUST BE TOLD
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