Hunter Biden Acknowledged Joe Was ‘the Big Guy’ in $5M China Deal

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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.

Rep. Marjorie Taylor Greene, R-Ga., a member of the House Oversight and Accountability Committee, speaks with reporters at the O'Neill House Office Building following a closed-door deposition with Hunter Biden, son of President Joe Biden, on Capitol Hill in Washington, Wednesday, Feb. 28, 2024.
Rep. Marjorie Taylor Greene (R-Ga.) says Hunter Biden didn’t deny his dad, Joe, was “the big guy” in a Chinese state-linked entity that yielded $5 million for first family-linked accounts, her spokesman confirmed to The Post.

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.”

Hunter Biden, son of US President Joe Biden, and attorney Abbe Lowell arrive for a closed-door deposition with the House Oversight and Judiciary committees on Capitol Hill in Washington, DC, February 28, 2024.
The first son rejected the notion that his father was ever penciled in for a 10% stake in a more than $5 million deal with CEFC China Energy.AFP via Getty Images

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.

President Joe Biden speaks in the Oval Office of the White House, Feb. 27, 2024, in Washington.
At another point in the deposition, Hunter Biden also defended putting his dad on speakerphone more than 20 times with foreign associates and said it was “totally normal for your parents to call you,” according to Greene.AP

“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.

Hunter Biden, son of U.S. President Joe Biden, leaves with his attorney Abbe Lowell following a closed-door deposition before the House Committee on Oversight and Accountability, and House Judiciary Committee in the O'Neill House Office Building on February 28, 2024 in Washington, DC.
“It is a mirage to believe that Hunter Biden was engaged in international business,” Rep. Matt Gaetz (R-Fla.) told reporters during another break. “This was a bribe masquerading as an international business transaction.”Getty Images

“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

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