First son Hunter Biden affirmed during his Wednesday impeachment inquiry deposition that his father, Joe, was “the big guy” referenced in an email about a business deal with a Chinese state-linked energy firm that yielded millions for Biden family members and other associates — but rejected the notion that the president was ever penciled in for a 10% stake.
“At one point, we asked Hunter about the 10% for the ‘big guy,’” Rep. Marjorie Taylor Greene (R-Ga.), a member of the House Oversight Committee, told Breitbart following Hunter’s six-hour, closed-door deposition on Capitol Hill.
“We showed him the email … And he said, ‘Oh, that was after my father left office.’”
The statement represents the first time the 54-year-old Hunter has admitted that his former business partner James Gilliar was referring to Joe Biden when he raised the prospect on May 13, 2017, of the first son holding a 10% stake in the lucrative joint venture involving CEFC China Energy “for the big guy.”
The email, found on Hunter Biden’s abandoned laptop, was first reported by The Post in October 2020 as part of a bombshell series of reports on the first son’s influence-peddling schemes.
“What’s wrong with having a pie-in-the-sky idea?” Hunter reportedly said in response to the line of questioning, noting he assumed his father “was done” with holding public office in 2017 after eight years as Barack Obama’s vice president.
Greene added that the first son stressed “there was no percentage for my father in the business,” which a source with direct knowledge of the deposition previously confirmed to The Post.
That source said Hunter Biden told investigators that Gilliar “was out of his mind for even suggesting Joe Biden get involved in their joint venture.”
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The president lashed out at a Post reporter in June 2023 when pressed about being repeatedly referred to as “the big guy,” a moniker that his brother Frank also used in addition to several of Hunter’s associates.
“Why do you ask such a dumb question?” Biden shot back.
House Oversight Committee Chairman James Comer (R-Ky.) described the deal involving CEFC China Energy as “money laundering” when speaking with reporters on a break from the deposition, pointing to a $40,000 check Joe Biden received from his brother James, following a “complicated financial transaction.”
Comer released bank records last year showing the firm, a shuttered entity that was apparently part of the Chinese Communist Party’s “Belt and Road” foreign influence campaign, paid James and Hunter Biden $6.1 million in 2017 and 2018 — including a $5 million wire on Aug. 8, 2017, days after Hunter texted a CEFC translator that he was “sitting here waiting for the call with my father.”
Through a series of transfers to entities owned and controlled by Hunter, those funds flowed to other Biden family members, with $50,000 landing in a personal checking account for James and his wife, Sara — and the first brother writing the $40,000 check to the former vice president as a “loan repayment.”
At another point in the deposition, Hunter Biden also defended putting his dad on speakerphone more than 20 times with foreign associates, saying it was “totally normal for your parents to call you,” according to Greene.
Democrats on the panel echoed the remarks when speaking with reporters.
“We’ve been hearing about these speakerphones in public settings for a long time now,” said Rep. Jamie Raskin (D-Md.), the committee’s ranking member, saying there was nothing “illicit” in doing so and Hunter’s explanation resonated with both Democrats and Republicans in the hearing room.
“People say, ‘Hey, Dad, will you say hello to my friends?’” Raskin said.
Rep. Matt Gaetz (R-Fla.) scoffed at the explanation and the first son’s purported expertise as a businessman.
“It is a mirage to believe that Hunter Biden was engaged in international business,” he told reporters during another break. “This was a bribe masquerading as an international business transaction.”
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“Hunter Biden told us that he joined the Burisma board to counter Russian aggression. I hadn’t heard that one before,” he added.
Greene said the first son described his role — which netted him up to $1 million annually from 2014 to 2019 — as necessary “to defend democracy.”
source: nypost.com/hunter-biden-acknowledged-joe-was-the-big-guy-in-5m-china-deal
