The investigation into President Joe Biden’s family seems to be heating up — and even the mainstream media says it looks very bad.
According to CBS News, over 150 banking transactions by the president’s son and brother were flagged as “concerning” by financial institutions.
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“CBS News has learned that more than 150 transactions involving either Hunter or James Biden’s global business affairs were flagged as concerning by U.S. banks for further review,” the news organization reported Wednesday. “Some of those concerns included large wire transfers.”
“After a nearly three-year investigation, Republican Senator Chuck Grassley told CBS News he believes the president’s younger brother, James, was instrumental in Hunter Biden’s Chinese business ventures.”
“I think James Biden was very much apart of this,” Grassley told CBS News.
Critics say that for years, James Biden has allegedly used the family name to advance his business interests.
“This week, Grassley released bank records indicating James Biden’s company, the Lion Hall Group, was paid directly by a Chinese financial consulting firm,” CBS News continued.
Grassley did not allege that the Bidens broke the law, but said it was “concerning that both Hunter and James Biden were promised retainers for their China work totally $165,000 a month in 2017, after Joe Biden left the vice presidency.”
“We have people with the Biden name, dealing with Chinese businesspeople that have a relationship to the Communist Party,” Grassley told CBS News. “I think that’s very concerning.”
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That’s not all. A separate 2019 subpoena showed that investigators also sought out Hunter and James Biden’s business records from a large U.S. bank, dating back to 2014, CBS News reported.
The second probe was launched by the U.S. Attorney in Delaware to look into possible violations of tax and foreign lobbying laws.
You can see the investigative report below —