The House Oversight Committee that is investigating the amazing wealth that seems to have flowed to the Biden family in recent years has been meeting strong headwinds. For whatever reason, American banks have been unwilling to allow Congress access to the Biden family information. However, the Committee is getting cooperation from an unlikely source.
On Monday, Breitbart reported the following:
A bank founded by Chinese-Americans that facilitated many Biden family transactions voluntarily provided Republican investigators with Biden family bank records, a stark difference from the current practices of U.S. banks, Sen. Ron Johnson (R-WI) revealed Sunday.
Cathay Bank, which has offices in the U.S. and communist China, voluntarily provided Johnson’s investigation with 200 bank records from 2017 and 2018 showing how the Biden family moved money through a complicated web of entities. The specific records revealed transactions between Hunter Biden-linked business entities and Chinese energy firm CEFC, whose top company lieutenant was the “spy chief of China,” according to Hunter Biden.
In contrast, House Oversight Committee Chair James Comer (R-KY) has not received such easy cooperation from U.S. banks that have records of the Biden family business.
During his probe, Comer has launched a number of subpoenas to obtain the Biden family’s bank records. One of those subpoenas compelled damning information to come to light that showed the Biden family members collectedly received a $1.3 million cut from a $3 million wire transfer from CEFC, according to Comer.
The article notes a possible reason for the cooperation from Chinese banks:
“That is a very interesting development right there,” Johnson told Fox News. “That bank from China [Cathay Bank]. Let’s face it, the Communist Party controls those types of institutions. They willingly gave us the documents that backed up the Treasury records [Suspicious Activity Reports].”
Johnson questioned why a bank linked to China would be more willing to provide bank documents to investigators than U.S. banks under the control of U.S. banking regulators.
“Is that the Chinese Communist Party, is that a shot across President Biden’s bow saying, listen, this is some of the information we have. If you don’t toe the line, if you don’t do things that displease us, we’re going to even provide… more information?” Johnson questioned. “So we obviously have a multiple-tier system of justice.”