akfert.blogg.se - Huntr biden

Comer and his Republican colleagues are wasting money and time doing the bidding of Rudy Giuliani, Steve Bannon and their band of associates."

"Instead of actually governing or helping improve the lives of Americans," the spokesperson said, "Rep.

Meanwhile, a spokesperson for Hunter Biden said of the statement: “Another wild Biden family conspiracy theory debunked by the facts.".

"he fact remains that this transaction occurred with a Chinese entity, at the expense of American interests, and has a connection to former Vice President Biden through his family's involvement," Hacker said.

What they’re saying: Asked about the Freeport statement, Hacker, the Oversight spokesman, said the mine deal still "warrants scrutiny."

And as outlined in their letter last year, the purpose of this probe would be to investigate how "Hunter Biden appear to have profited in the short-term directly from America’s long-term loss.".

Republicans on Oversight have suggested the probe would be about “trying to figure out if steps need to be taken” to prevent similar transactions in the future ( E&E News).

lost a valuable mineral resource key to the EV market.

There’s certainly a lot to say about the deal when it comes to foreign policy: Freeport selling the mine meant the U.S.

The big picture: Given all that, it’s unclear whether there was a way the U.S., or Obama officials, could have ever gotten involved in the part of the deal in which BHR was involved. Simply put, this means the Chinese firm got its deal for the controlling stake in the mine before BHR got involved, and BHR was apparently not involved in the transaction most central to China securing control of the mine. According to corporate statements at the time, that deal was "subject to.

Toronto-based Lundin opted to sell its shares to China Molybdenum.

Lundin Mining had multiple options when the Freeport-China Molybdenum deal was announced: let the deal proceed, acquire Freeport's shares instead, or sell its stake in the mine, too.

After the Freeport deal was announced, BHR helped China Molybdenum acquire a minority stake in the project from Lundin Mining - a company headquartered in Canada.The Biden-linked firm did get involved with the mine - but that's where things get complex. “BHR Partners did not play a role in our sale and was not a party to this sale,” Dan Kravets, Freeport vice president of corporate development and exploration, said in a statement.BHR was not mentioned in media releases at the time of the Freeport-China Molybdenum deal announcement.Reality check: Freeport-McMoRan, the American mining company involved in the deal, provided a statement to Axios asserting that the Hunter-linked firm was not involved in selling Freeport-McMoRan's majority ownership of the mine.

and Chinese business partners - “helped facilitate” the sale of a cobalt mine "from an American company" to China Molybdenum, a state-backed mining company. According to the Times, BHR Partners - an investment firm the younger Biden cofounded with U.S.The details: In late 2021, The New York Times reported that a firm linked to Hunter Biden had “helped secure cobalt for the Chinese” in 2016, when his father was still vice president. When Axios recently asked about the mine deal, Comer said: “We’re following the money, everywhere money was transferred into Biden interests.”.Now, the GOP majority “absolutely” wants to investigate, Oversight spokesman Austin Hacker told Axios, as part of a search for info that Republicans say could prove politically damaging to President Biden, Hunter’s father.James Comer - now chairman of the House Oversight Committee - wrote a letter to the National Archives asking for records and asserting that the Obama administration “curiously did nothing to intervene in Hunter Biden’s Chinese-backed transaction.” Why it matters: Hunter Biden’s ties to the mine deal appear to be thinner than previous media reports suggested, so Republicans could end up with little to show for it if they try to focus on the mine deal in their investigations.ĭriving the news: Last year, Rep. House Republicans want to investigate media reports that Hunter Biden helped China obtain a cobalt mine from an American company - but that company now says it didn't happen that way.