Hunter Biden's Bank Subpoena Reveals Ties to China and Father's Wilmington House

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Source: CNN
Hunter Biden's Bank Subpoena Reveals Ties to China and Father's Wilmington House
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TL;DR Summary

The Republican-led House Oversight Committee has subpoenaed a bank for Hunter Biden's records and obtained two wire transfers from Chinese nationals to Hunter Biden in 2019 that listed President Joe Biden's Wilmington, Delaware, home as the beneficiary address. This is the first time the committee has issued a subpoena to a bank for Hunter Biden's records specifically. The wires allegedly show that Hunter Biden received a $10,000 wire from Wang Xin on July 26, 2019, and a $250,000 wire from Jonathan Li and Tan Ling on August 2, 2019, both listing Joe Biden's home as the beneficiary address. The committee plans to issue subpoenas to Hunter and James Biden for their personal and business records. Hunter Biden's attorney claims the wires were documented loans and the Wilmington address was his only permanent address at the time. House Republicans have yet to uncover evidence of Joe Biden financially benefiting from his son's business dealings.

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