Republican lawmakers are pressing President Joe Biden to make clear whether he had a role in auctioning off oil from U.S. emergency reserves to a Chinese entity that has been previously linked to his younger son.
Rep. Ralph Norman (R-S.C.) led a July 26 letter flagging the sale of U.S. strategic oil reserves worth hundreds of millions of dollars to Chinese state-owned Unipec over concerns that such transactions could stand to benefit the president’s son, Hunter Biden.
‘If Hunter Biden Were Instead Hunter Trump’BHR Partners, a Chinese private equity firm co-founded by Hunter Biden, has made investments in Sinopec. While Hunter’s lawyer said in November 2021 that the younger Biden has divested his 10 percent stake in BHR, the Chinese firm’s 2021 annual report released in June still listed Hunter as a shareholder, according to Chinese financial records.
“Sadly, the allegations about Hunter’s self-profiting did not come as a surprise to many of us as we have grown to expect seeing reports of nepotism within this administration,” Norman wrote, citing reports of Biden family members allegedly profiting off official positions Biden has held since he was a Delaware senator, such as "Hunter traveling on Air Force Two to China, when his father was vice president, to broker a multimillion-dollar business deal with Chinese corporations.
“If the allegations before us now are true, the American people deserve to know whether or not their President directly participated and benefited from any and all unethical actions.”
The lawmaker described the allegations regarding the oil sale as “severely unsettling, and if true, may even constitute an impeachable offense under the ‘bribery, or other high crimes and misdemeanors’ clause of Article 2 of the Constitution.”
“If Hunter Biden were instead Hunter Trump, every media outlet across this nation would be screaming non-stop about his shady dealings,” Norman told The Epoch Times.
National Security ConcernsThe Strategic Petroleum Reserve is the world’s largest oil reserve that intends to alleviate oil shortages in the United States in times of wars or natural disasters.
Selling oil to China is helping an adversary while compromising U.S. national security, Norman said.
“The oil within the Strategic Petroleum Reserve was intended for the American people, not for adversarial countries, and certainly not to make the Biden Family richer at a time when our citizens are paying almost $5.00 a gallon for gasoline and $6.00 for diesel,” he wrote in the letter.
Ian Sams, a spokesperson for the White House Counsel’s Office, dismissed on July 22 Republican criticisms of the sale as “ridiculous and false.”
He told Fox News that the Department of Energy is required by law to sell the oil supply to the highest bidder, “regardless of whether that bidder is a foreign company” and that “the president had no personal involvement in this process whatsoever.”
White House officials didn't respond to a request for comment by press time.
Norman, in the letter, requested a list of documents, including Treasury Department records on all corporate entities linked to Hunter, financial reports stating whether Hunter is still bound to BHR, and a signed affidavit from Hunter promising to not benefit from the oil sales, as well as communications between the president and Hunter since the president took office relating to China, oil, Sinopec, Unipec, BHR, and Hunter’s overseas business transactions.
Norman, a member of the House Committee on Oversight and Reform, was joined by 11 other House Republicans, including Reps. Paul Gosar (R-Ariz.), Glenn Grothman (R-Wis.), Scott Perry (R-Pa.), Jody Hice (R-Ga.), Andy Biggs (R-Ariz.), Fred Keller (R-Pa.), William Timmons (R-S.C.), Randy Weber (R-Texas), Pat Fallon (R-Texas), Louie Gohmert (R-Texas), and Jeff Van Drew (R-N.J.).