WHAT’S IN YOUR WALLET
Subpoenas for credit cards
WASHINGTON — House Oversight Committee Chairman James Comer issued subpoenas Thursday for records on “several” credit cards that the Chinese state-linked company CEFC China Energy allegedly provided members of President Biden’s family for personal expenses.
“We’re subpoenaing several credit-card companies,” Comer (R-Ky.) said in a morning interview on Fox Business.
“Through the interviews and depositions we’ve conducted thus far, we’ve learned that there were several credit cards that were used by members of the Biden family — we believe for personal expenses — and we believe that these credit cards were being paid by CEFC or through CEFC-funded affiliates.”
An Oversight Committee staff member told The Post that the subpoenas cast a wide net for records as part of the impeachment inquiry into alleged corruption during Joe Biden’s vice presidency.
CEFC, a now-defunct reputed cog in Beijing’s “Belt and Road” foreign-influence campaign, was one of the largest and most mysterious sources of overseas income for the first family.
Former Biden family associate Rob Walker told impeachment investigators Jan. 26 that Joe Biden personally met CEFC chairman Ye Jianming in Washington in or around March 2017 — less than two months after he left office as vice president.
China influence
First Brother James Biden and First Son Hunter Biden reportedly netted more than $7 million in 2017 and 2018 from CEFC for what critics call influence peddling.
The first tranche of more than $1 million flowed shortly after Joe Biden met Ye and was a “thank you” for services during his vice presidency, Walker said.
Comer’s latest legally binding demands encompass more than just the Biden family and include their associates and business entities close to the CEFC venture.
CEFC allegedly provided James Biden and his wife, Sara Biden, with a credit card to go on a $100,000 “global spending spree,” according to a September 2020 report by Republican-led Senate committees.
“The American people deserve transparency, and these subpoenas will be more evidence of the Biden family’s influence peddling around the globe,” the committee aide said.
Spokespeople for the White House and attorneys for James and Hunter Biden did not immediately respond to requests for comment.