Skip to main content

Headline Roundup March 19th, 2023

House GOP Examines $1M In China-Linked Payments To Biden Family

Summary from the AllSides News Team

On Thursday, the House Oversight Committee published a memo alleging Hunter Biden and two other family members received over $1 million indirectly from a Chinese company.

The Details: The records were obtained after a subpoena of Bank of America by committee chairman James Comer (R-KY). The payments came from accounts related to Rob Walker, Hunterโ€™s business associate, and their Chinese business ventures in 2017. A day before the funds were wired from Walkerโ€™s account, he received a $3 million payment from Chinese company, State Energy HK Limited. Hunter Bidenโ€™s legal team stresses that the payments were made to family members, not the president himself.

For Context: The probe is led by Republicans, who won back a House majority in November.

Key Quotes: Rep. Comer said, โ€œWe will continue to follow the money trail and facts to determine if President Biden is compromised by his familyโ€™s business schemes and if there is a national security threat.โ€ A spokesperson for Hunter Bidenโ€™s legal team called the probe a โ€œbaseless right-wing conspiracyโ€, and said Hunter and his partners were โ€œseeking a joint venture with a privately-owned, legitimate energy company in China.โ€

How The Media Covered It: Despite being covered by some of the biggest outlets, the story was not widely covered across the spectrum. Fox News went more in-depth on Comerโ€™s comments, while CNN did the same for the comments from Democratic representatives. Newsweek compared the payments to those received by business dealings of Former President Donald Trump

Featured Coverage of this Story

House GOP digs in on China-linked payments to Biden family members in new memo
House GOP digs in on China-linked payments to Biden family members in new memo

Drew Angerer/Getty Images North America/Getty Images

News

House Oversight Republicans said in a new memo issued Thursday that members of President Joe Bidenโ€™s family received just over $1 million indirectly from a Chinese company โ€“ the committeeโ€™s latest disclosure in its investigation into the Biden familyโ€™s business dealings.

The memo, which representatives for the White House and Hunter Bidenโ€™s legal team quickly dismissed, does not provide any evidence tying the payments directly to President Joe Biden, which Republicans have said is the purpose of their investigation.

The memo names Hallie Biden, the widow of the presidentโ€™s son...

Open on CNN Digital
Biden Family's Alleged Financial Ties to China Compared to Trump's
News

Since winning back the House majority, Republican lawmakers have jumped at the chance to target the Biden family over their alleged foreign transactions, echoing concerns similar to the ones that have been raised about the Trump family.

On Thursday, the GOP chairman of the House Oversight Committee published a memo alleging that President Joe Biden's son Hunter and at least two other relatives received just over $1 million from a Chinese company through indirect payments.

The latest developments surrounding the Biden family are not the first time a first family has been investigated by the...

Open on Newsweek
Biden family received more than $1M from Hunter associate after 2017 China wire: House Oversight
Biden family received more than $1M from Hunter associate after 2017 China wire: House Oversight

AP Photo/Patrick Semansky

News

Members of the Biden family received more than $1 million in payments from accounts related to Hunter Bidenโ€™s business associate Rob Walker and their Chinese business ventures in 2017, subpoenaed financial records obtained by the House Oversight Committee reveal.

Walker worked with Hunter Biden, President Biden's brother Jim, their business associate James Gilliar and Tony Bobulinksi in a joint-venture called Sinohawk Holdings, which was meant to be a partnership with Chinese energy firm CEFC.

Open on Fox News Digital

More headline roundups

More News about Politics on AllSides

News from the Left

News from the Center

News from the Right