Republican report reveals new details about Hunter Biden’s foreign business dealings

Explosive new information about Hunter Biden’s foreign dealings threatens to cast a shadow over his father’s presidential campaign.

According to a report released Wednesday by Senate Republicans, Hunter Biden, his family, and his business partner Devon Archer received “millions of dollars from foreign nationals with questionable backgrounds,” including people who may have been involved in criminal activity, as the Washington Examiner reported.

Bad news for the Bidens

President Donald Trump, for his part, has repeatedly accused former Vice President Joe Biden of abusing the power of his office to help his son turn a profit, famously claiming that Joe pressured Ukraine to fire a prosecutor who was investigating Burisma Holdings, a company where Hunter worked while his father was then-President Barack Obama’s point man on Ukraine.

The new report, prepared by Republican Sens. Ron Jonhson (WI) and Chuck Grassley (IA), portrays Hunter Biden and his family as the beneficiaries of a “vast financial network that connected them to foreign nationals and foreign governments across the globe,” according to Fox News.

Perhaps the most eye-catching claim is that Hunter Biden’s investment firm received a $3.5 million wire transfer from the wealthiest woman in Russia and the widow of Moscow’s former mayor, Elena Baturina, as reported by the New York Post.

According to the Washington Examiner, the Republicans’ report also alleges that the younger Biden opened a bank account with a Chinese communist party-connected businessman to fund a “spending spree” with his family, and that he paid women who may have been linked with an Eastern European human trafficking ring.

“The records also note that some of these transactions are linked to what ‘appears to be an Eastern European prostitution or human trafficking ring,’” the report states, according to the New York Post.

Dems, media shrug it off

What’s more, Hunter Biden and Archer made “millions” from their connections with Burisma’s founder, according to the report, which also fleshes out perceptions that Hunter’s work for the company was an issue for the Obama administration, the Washington Examiner notes. Two officials took issue with it, with former ambassador George Kent calling it an “awkward” conflict of interest with an official “anticorruption” policy in Ukraine.

“What the Chairmen discovered during the course of this investigation is that the Obama administration knew that Hunter Biden’s position on Burisma’s board was problematic and did interfere in the efficient execution of policy with respect to Ukraine,” the report states, according to the Examiner.

Republicans, for their part, have complained about a muted reaction in the media to the report, which comes months after Hunter Biden’s business dealings with Ukraine were at the center of media attention during the attempted impeachment of President Trump.

Democrats at the time insisted that any suggestion of wrongdoing by Hunter Biden or his father was a “conspiracy theory,” and they were predictably dismissive of the new report, calling it the product of a Russian smear campaign to help the president.

Joe Biden’s campaign, meanwhile, called it an attempt “to subsidize a foreign attack against the sovereignty of our elections with taxpayer dollars — an attack founded on a long-disproven, hardcore rightwing conspiracy theory,” according to the Examiner.

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