by Wendell Husebo at Breitbart News
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.
Sen. Ron Johnson (R-WI). (Anna Moneymaker/Getty Images)
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.
Rep. James Comer, a Republican from Kentucky and chairman of the House Oversight and Accountability Committee, speaks during a hearing in Washington, DC, on Wednesday, Feb. 8, 2023. (Anna Rose Layden/Bloomberg via Getty Images)
“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,…
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