Political Quotes

On the recordMarch 29, 2022
Yesterday, Senator Johnson and I discussed a joint investigation into the Biden family's foreign financial entanglements. We reviewed much of our earlier work and provided a brief preview of the new material. Today, we will give our second speech on our Biden investigation series. Once again, we are going to make public and we are going to describe new financial records relating to Hunter Biden and his connections to the communist Chinese Government. Most of that focus will be on his connections to the CEFC, a company that is effectively an arm of the Chinese Government. But first we must go back to 2015. At that time, Hunter Biden served on the board of Burisma and was paid tens of thousands of dollars each month. Its owner was a corrupt Russian-aligned Ukrainian oligarch. But that is not all that Hunter Biden was up to. In that year, CEFC International announced an agreement with Northern International Capital Holdings. Northern International is incorporated in China, and it is very much involved in the energy sector. One of Ye Jianming's companies was a majority shareholder of CEFC International. Northern International purchased 123 million dollars' worth of CEFC's shares, binding the two companies together. We must also mention Hudson West III and its financial connection to CEFC. Hunter Biden was an investor and a manager of Hudson West III. He was tasked with advancing its interests.…
Said by
Chuck Grassley
Republican · Iowa

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