Lame Limes!
JB Integrity?
The cat has left the bag!?!?
Is a Chinese-US bank releasing Hunter Biden’s bank records a message to Biden?
The article:
Republican Sen. Ron Johnson said President Joe Biden should consider it a wake-up call that a Chinese-American bank has turned over records allegedly showing millions of dollars being transferred to President Joe Biden’s family from Chinese companies.
“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,’” Johnson said, according to the Washington Times.
READ MORE: China gave Biden family $5 million ‘interest free’ ‘forgivable’ loan, Sen. Grassley says
Los Angeles-based Cathay Bank released the records after a request from Republican Sens. Ron Johnson and Charles Grassley. The records reportedly show large payments from a Chinese state-owned company flowing through Biden family accounts while Biden was running for his current presidency.
Some findings from the records, discovered in Grassley and Johnson’s joint investigation, have previously been disclosed by the lawmakers. Biden has denied any involvement, calling the story “not true,” as reported by Fox News.
Cathay Bank, the oldest Chinese-American bank in southern California, has denied any links to the Chinese government. In a statement, a spokesman for the bank, Ian Campbell, said the bank is cooperating with the ongoing Biden family investigation by the House Committee on Oversight and Accountability.
READ MORE: Top Biden China adviser steps down from role
“Cathay Bank, a NASDAQ-listed, U.S. financial institution for over 60 years, has cooperated with the [committee’s] request for information. The bank intends to continue to cooperate with the committee,” Campbell said. “Cathay Bank was founded more than sixty years ago by a United States citizen, and serves American communities as a bank with over $20 billion in assets and more than 60 branches in 9 states. Cathay Bank is neither owned by nor affiliated with the Chinese government in any way.”
No other banks in America complied with Grassley and Johnson’s records requests, according to the Washington Times, though Bank of America has complied with other Biden-related requests. Johnson told the Washington Times he views Cathay Bank’s willingness to disclose the records as raising questions about Biden’s involvement in the business deals.
“We just requested the records, and no questions asked; they just turned them over to us,” Mr. Johnson said. “That’s not by accident.”
****
Remember, Banking is a global thing!
It is not private!
Loyality to money is a root!
Money is the root of all evil!
Loyalities can change over time!
Put on the ole Sherlock Holmes hat!
Cathay Bank
Founded in 1962
The door to Communist China wasn’t open until until 1972!
How much did Nixon pay for opening to China?
Nixon’s opening to China was less about confronting major suppliers of aid to arms to North Vietnam than it was about enhancing diplomatic and geopolitical positioning and leverage for the United States around the world. Vietnam was a twenty year (1 JST) lose, like Afganistan.
Nixon’s China Sell-Out – The Diplomat
Cathway ties to the CCP
Original request:
From PDF President and Chief Executive Officer Cathay General…
Mr. Chang M. Liu
President and Chief Executive Officer
Cathay General Bancorp and Cathay Bank
777 North Broadway St.
Los Angeles, CA 90012
Dear Mr. Chang Liu:
We are investigating the domestic and international business dealings of President Biden’s son, Hunter Biden, and other Biden associates and family members to determine whether these activities compromise U.S. national security and President Biden’s ability to lead with impartiality. According to recent media reports, more than 150 of the Bidens’ international
business transactions have been flagged by U.S. banks for suspicious activities.1 Additionally, documents reviewed by Committee Republicans show corporate entities affiliated with, founded by, and/or controlled by Hunter Biden funded family and associates’ business travel to China.
To understand the full extent of Hunter Biden’s involvement with Chinese companies and the government, we must review the Biden family’s financial records as they relate to improper business dealings and relationships with foreign adversaries. Therefore, we request financial records related to Biden family members and associates.
Committee Republicans are reviewing transactions spanning much of 2017—a period when Hunter and James Biden, the President’s brother, were orchestrating international transactions with CEFC, “a company that’s effectively an arm of the Chinese Government.”2 According to media reports, U.S. banks flagged “more than 150 financial transactions involving
either Hunter or James Biden’s global business affairs[.]”3 Some of those concerns included “large wire transfers.”4 Under the Bank Secrecy Act, banks have an obligation to assist the government in “detecting and preventing money laundering.”5 Part of this obligation requires
the reporting of high dollar transactions. In the normal course, a bank is required to generate
__________________________________________________________________
1 Catherine Herridge, Graham Kates, Michael Kaplan, Andrew Bast, GOP probe of Hunter Biden’s business
dealings turns to president’s brother James, CBS NEWS (Apr. 6, 2022).
2 Grassley, Johnson Release Bank Records Tying Biden Family To CCP-Linked Individuals & Companies, Sen.
Chuck Grassley News Room, Mar. 29, 2022.
3 Supra, n. 1.
4 Id.
5 Suspicious Activity Reports (SAR), U.S. Dept. of Treasury, Office of the Comptroller of the Currency, available at
https://www.occ.treas.gov/topics/supervision-and-examination/bank-operations/financial-crime/suspicious-activityreports/index-suspicious-activity-reports.html.
Mr. Chang M. Liu
May 25, 2022
Page 2
what is referred to as a suspicious activity report (SAR) when the institution encounters a transaction of concern. 6
After taking office, the Biden Administration imposed restrictions on Congress’ access to SARs. For the past 20 years, any committee of Congress could request and receive these reports. However, the Biden Administration has taken the novel position of preventing Congress from
receiving the reports. To view a SAR, congressional staff are required to “review all material in a reading room at Treasury, prohibiting the copying of materials for purposes of highlighting,
ongoing reference, or margin notation, and restricting information collection to note taking.”7 The reversal in policy even raised concerns among Democrats, leading Chairwoman Maxine
Waters to sponsor a bill requiring Treasury to provide the reports to Congress.8 The Biden Administration’s policy change raises troubling questions about the Administration’s efforts to shield Hunter Biden from congressional oversight.
Committee Republicans are investigating potential influence peddling and threats to national security. Specifically, we are investigating whether the Biden family sold access to the highest levels of government to America’s adversaries. Since there is also evidence of comingling of funds between President Biden and Hunter Biden during the former’s vice presidency, Republicans must ask whether the current President is compromised from a national security perspective.9
The convergence of the Biden family’s political and business lives began during the Obama-Biden Administration. Obama Administration White House visitor logs show Hunter Biden’s business partner visited the White House at least 27 times during President Biden’s vice presidency.10 Hunter Biden’s business partner—Eric Schwerin—was later nominated for a position in the Obama-Biden Administration and handled then-Vice President Biden’s tax returns while he was in office and Schwerin was president of Rosemont Seneca Partners—another Hunter Biden-affiliated company.11 Republicans must track the dollars to uncover
whether the current President himself benefitted from these transactions and whether the payments were from nations opposed to U.S. interests.
We are committed to following Hunter Biden’s 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 the President’s connections to his son’s business deals, which have occurred at the expense of American interests and may
___________________________________________________________________
6 Id.
7 H. Comm. on Financial Services, Memorandum, Full Comm. Markup, May 12, 2022, available at
https://democrats-financialservices.house.gov/UploadedFiles/HMKP-117-BA00-20220517-SD002.pdf.
8 See H.R. 7734, 117th Cong., Timely Production of Bank Secrecy Act, available at https://financialservices.house.gov/uploadedfiles/bills-1177734ih_-_0517.pdf.
9 Letter from James Comer, et. al., Ranking Member, H. Comm. on Oversight and reform, to Eric D, Schwerin,
Institute for Ethical Awareness (Apr. 27, 2022).
10 Cameron Cawthorne & Joe Schoffstall, Hunter Biden business partner made 8 additional White House visits in
2016, visitor logs show, FOX NEWS (Apr. 26, 2022).
11 Supra, n. 3.
Mr. Chang M. Liu
May 25, 2022
Page 3
represent a national security threat. To assist with this investigation, please produce the
following documents and information no later than June 8, 2022:
- All financial records in Cathay Bank’s custody relating to Hunter Biden, James
Biden, Sara Biden, John R. Walker, Eric Schwerin, Devon Archer and corporate
entities linked to them, including but not limited to Rosemont Seneca Advisors LLC,
Rosemont Seneca Partners, Rosemont Seneca Technology, RSTP II Alpha Partners,
RSTP II Bravo and Equity Distribution Trust, Hudson West III, Owasco LLC, and
Skaneateles LLC. - A list of all Cathay Bank accounts opened by Hunter Biden, James Biden, Sara
Biden, John R. Walker, Eric Schwerin, Devon Archer and corporate entities linked to
them. - All documents and communications between or among employees of Cathay Bank
and Hunter Biden, James Biden, Sara Biden, John R. Walker, Eric Schwerin, Devon
Archer and corporate entities linked to them. - All documents and communications regarding any Cathay Bank account linked to
Hunter Biden, James Biden, Sara Biden, John R. Walker, Eric Schwerin, Devon
Archer and corporate entities linked to them with a related suspicious activity report
filed on the account.
The Committee on Oversight and Government Reform is the principal oversight
committee of the House of Representatives and may at “any time” investigate “any matter” as set
forth in House Rule X. If you have any questions about this request, please contact Oversight
Committee Republican Staff at 202-225-5074. Thank you for your cooperation with this inquiry.
Sincerely,
James Comer
Ranking Member
Committee on Oversight and Reform
cc: The Honorable Carolyn Maloney, Chairwoman
Committee on Oversight and Reform
****
Note the date of reguest for records!
Note today’s date (o4/14/23)!
{Article date was 04/13/23!}
Why so long and now?
And it makes me wonder…
The games politicians and money play.
****
Isaiah 24:16
(KJV) From the uttermost part of the earth have we heard songs, even glory to the righteous. But I said, My leanness, my leanness, woe unto me! the treacherous dealers have dealt treacherously; yea, the treacherous dealers have dealt very treacherously.
And the battle for the soul goes on…
Come out of Babylon for her judgement is near!
TGIF
eze33, LOLGB+
The Ezekiel 33 Watchman Report 