by Frank Holmes, reporter
A Democratic senator may have just gotten caught redhanded breaking federal law by cozying up to China.
And it could be even worse news for Joe Biden and Chuck Schumer, because the Democrat is a liberal from a swing state who’s up for re-election next year.
Senator Mark Kelly, D-Ariz., invested in a company that brags about how it helped “bring supersonic flight to China.”
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Kelly put his money in Boom Technology Inc., a Colorado-based firm that teamed up with Beijing to help China expand its reach into the rest of the world.
Boom Technology Inc. partnered with a Chinese Communist company now known as Trip.com Group Unlimited—which is dedicated to advancing China’s “Belt and Road Initiative” of Communist imperialism.
Kelly made the investment on April 13…but he did not report the transaction for months.
The Arizona Democrat and former astronaut thought he got away with it, but the transaction of somewhere between $1,001 and $15,000 showed up in an official government record called the periodic transaction record (PTR)—and critics say what Kelly did breaks federal law. The Stop Trading on Congressional Knowledge (STOCK) Act of 2012 bans congressmen from taking part in “insider trading” (investing in stock based on knowledge they learned while in office). It also requires stock transactions to be reported within 45 days.
April 13 was 135 days ago today.
That should trigger an investigation by the Senate Select Committee on Ethics.
Kelly says there’s nothing to see here — that it’s a standard move to tidy up his records, and that the Democrat-controlled ethics committee cleared the whole things in advance.
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The committee did not respond to Fox Business’ request for comment, but Kelly has such deep ties to Chinese money, this move doesn’t make him — or his party — look good.
For one thing, Kelly has accepted campaign donations from a lobbyist for Huawei. Kelly accepted a $1,000 donation from a fancy lawyer named Thomas Green, and he’s registered lobbyist for the Chinese technology company, which has been accused of developing ways to spy on Americans and send their information to the Chinese Communist Party.
A company that Kelly founded, World View Enterprises, has received huge investments from a Chinese company called Tencent Holdings Ltd. in 2014 and 2016, according to The Federalist.
In 2003, Kelly attended the annual Young Leaders Forum, sponsored by the Chinese People’s Institute of Foreign Affairs—a group that is “under the leadership of the Communist Party of China.” Kelly later called his participation in the event “one of the absolute highlights of my life.”
“There is no limit to Mark Kelly’s involvement with Communist China or his attempts to hide his shady connections,” according to a statement from the National Republican Senatorial Committee (NRSC).
This enormous financial scandal could backfire on President Joe Biden and Senate Majority Leader Chuck Schumer in about a thousand ways.
The U.S. Senate is divided 50-50, but Democrats manage to claw out a bare majority because the tie-breaking vote is always cast by Vice President Kamala Harris.
Kelly won a special election in 2020 over Republican Sen. Martha McSally, a professional politician with a likability problem. Imagine if the Republicans in this evenly-divided swing state nominate a likable, conservative candidate to run against the gun-grabbing, China-coddling liberal.
There goes Schumer’s control of the Senate.
But Kelly gives Joe Biden another headache: As Biden’s pullout from Afghanistan has blown up in his face, he has said he only left Kabul so he can start cracking down on China.
How is Biden going to campaign for a Democrat whose financial life is so tied up with the CCP?
“When it comes to China, Mark Kelly and Joe Biden are one and the same: they’ve turned a blind eye as China stole American jobs and infiltrated American industries with the intention of undermining our economy,” said NRSC spokeswoman Joanna Rodriguez after news broke of Kelly’s stock holdings last year.
“As long as Kelly remains unapologetic about his lucrative partnerships with communist Chinese investors, he’s complicit in their putting U.S. national security and global security at risk.”
Frank Holmes is a veteran journalist and an outspoken conservative that talks about the news that was in his weekly article, “On The Holmes Front.”