House Oversight Committee Subpoenas Multiple Banks for Biden Financial Records

BREAKING: House Oversight Committee Subpoenas Multiple Banks for Biden Financial Records
By Chris, April 7, 2023, Updated: April 8, 2023

The financial records of the Biden family have been requested by the House Oversight Committee through subpoenas issued to several banks.

Bank of America, Cathay Bank, JPMorgan Chase, HSBC USA N.A., and Mervyn Yan, a former business associate of Hunter Biden, have all received subpoenas.

Comer slammed Democrats who have been trying to protect Biden throughout the process. “Ranking Member Raskin has again disclosed Committee’s subpoenas in a cheap attempt to thwart cooperation from other witnesses,” the House Chair stated.

“Given his antics with the first bank subpoena, the American people and media should be asking what information Ranking Member Raskin is trying to hide this time. No one should be fooled by Ranking Member Raskin’s games. We have the bank records, and the facts are not good for the Biden family.”

The subpoenas to the banks will hopefully provide clarity to investigators with information about the financial activities associated with the Biden family. A subpoena could reveal more evidence of suspicious transactions, financial irregularities, or other potentially incriminating information that could be used in this ongoing investigation.

— Fox News (@FoxNews) April 7, 2023 - https://t.co/4G2XHCY7z4

Chairman James Comer and Oversight Committee Republicans have been investigating the Biden family’s domestic and international business dealings for some time now. Comer seems determined to find out if their activities compromised U.S. national security and the president’s ability to lead with impartiality.

Members of the Biden family have a pattern of peddling access to the highest levels of government to enrich themselves, often to the detriment of U.S. interests. The committee is following the Biden family and associates’ money trail, consisting of many complex, international transactions worth millions of dollars—and providing answers to the American people.

The American people deserve to know whether the President’s connections to his family’s business deals occurred at the expense of American interests and whether Biden represents a national security threat.

BREAKING: Chinese Bank Voluntarily Gives Republicans Damaging New Financial Records On Hunter BidenBy Chris, April 12, 2023

China sent a warning to Joe Biden on Tuesday after the Chinese-American bank, Cathay Bank, provided Senate Republicans with records revealing millions of dollars transferred from Chinese firms to Hunter Biden and James Biden.

“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,’” Sen. Johnson told The Washington Times.

The Washington Times reported:

The records show deep financial ties between the president’s son and brother and the now-defunct CEFC China Energy, which had ties to the Chinese Communist Party. The energy giant wired $1 million to Hudson West III, a joint venture owned by Hunter Biden and Gongwen Dong, a business associate of CEFC’s founder and chairman, Ye Jianming.

A second Chinese energy company, Northern International Capital Holdings, which is associated with the communist-backed CEFC, wired $5 million to Hudson West III, the Cathay Bank records show. The money sent from the two companies funded a $4.8 million wire transfer from Hudson West III to Hunter Biden’s companies Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden.



Cathay Bank is a Chinese-American bank headquartered in Los Angeles, California voluntary gave the records to the two Senators.

The bank has branches throughout California, Washington state, and other locations in the United States. The bank was founded in 1962 to serve the Chinese-American community and has since expanded to provide financial services to customers of various backgrounds. Cathay Bank has offices in Hong Kong, Shanghai, and Taipei, among other locations, and is publicly traded on the NASDAQ stock exchange.