The problems are piling up for the Biden crime family with no end in sight.
They never wanted one record to ever see the light of day.
And a Chinese bank just dropped this bombshell that left the Biden crime family frantic.
More evidence is emerging that Hunter Biden was involved in a lucrative business relationship with a defunct Chinese company with close ties to the nation’s communist regime.
Senators Ron Johnson (R-WI) and Chuck Grassley (R-IA) are leading Senate Republicans’ investigation into the Biden crime family’s corruption.
They’re after Biden’s financial records that expose their seedy foreign business deals.
Cathay Bank, a Los Angeles-based financial institution, was founded by Chinese immigrants and has offices in mainland China.
The bank handed over financial records to Senate Republicans that showed millions of dollars in payments flowing from Chinese companies to Hunter Biden and his uncle, James, who is President Joe Biden’s younger brother.
In an eyebrow-raising move, Cathay Bank turned over the Bidens’ financial records after Senate Republicans made their request, while every other American bank involved refused to comply.
Senator Johnson suggested that Cathay Bank handing over the Bidens’ financial records could be a warning shot to President Biden from Communist China.
“In my mind, it’s the Chinese government telling Joe Biden, ‘We got the goods on you, buddy, and we’re willing to dish it up,’” Johnson said.
A Cathay Bank spokesperson denied the allegations, claiming the company has no ties to the Communist Chinese regime.
The bank provided the Senators with records that show the disturbing connection between Hunter and James Biden, and the now-defunct Chinese energy company, CEFC China Energy.
CEFC China Energy had deep connections to the communist regime before it collapsed after a African bribery scandal.
The company sent $1 million to Hudson West III, a company owned by Hunter Biden and Gongwen Dong, a business colleague of CEFC’s founder and chairman, Ye Jianming/
Another Chinese energy company connected to CEFC, Northern International Capital Holdings, sent $5 million to Hudson West III, according to the Bidens’ financial records turned over by Cathay Bank.
Hudson West III then sent $4.8 million to two companies owned by Hunter Biden, Owasco P.C. and Owasco LLC, and Lion Hall Group, which is owned by James Biden.
Hudson West III was also paying President Joe Biden’s brother $65,000 a month while Hunter was paid $100,000 a month on top of a $500,000 retainer payment.
The transactions revealed by Cathay Bank were made after then-Vice President Biden left the Obama White House in August 2017, and ran through October 2018, when it began to become clear that he would be the Democrat establishments’ top option in the 2020 election.
“This is $5 million from a company connected to Ye Jianming and CEFC and its affiliates, which are essentially arms of the Communist Chinese regime,” Grassley said in a Senate speech.
Senator Johnson said the Chinese deals and the eagerness of Cathay Bank to turn over the records raises serious questions about the President.
“We just requested the records, and no questions asked – they just turned them over to us,” Johnson explained. “That’s not by accident.”
Joe Biden could be compromised after his family’s shady Communist Chinese business deals.
US Political Daily will keep you up-to-date on any developments to this ongoing story.