On "Mornings with Maria" Monday, Maslansky + Partners President Lee Carter expressed her concern, noting that the President's relationship with Beijing poses a major threat to the nation. Her comments follow Senator Ron Johnson's recent revelation on "Sunday Morning Futures" that records from Cathay Bank – an American bank founded by Chinese Americans – matched those of U.S. regulators.
This bank, which operates offices in Beijing, Shanghai, and Taipei, appears to be linked to the House Oversight Committee's investigation into the Biden family's overseas business dealings.
"When people just don't trust this and know that it's one of the biggest threats facing us right now, that's a really big issue that needs to be addressed," Carter stated. Michael Lee, a financial services industry veteran, also weighed in on the matter, emphasizing the importance of understanding what kind of influence the Biden family may have given up to the Chinese Communist Party. "What did the Biden's give up and what is it doing to our national security?" he asked.
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It is clear that Americans are calling for answers, and President Biden must address these concerns. While Biden has denied that his son Hunter, brother Jim, and the widow of his son Beau received split payments of $1 million from Hunter’s business associate Rob Walker, Johnson's claims suggest otherwise.
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With the Chinese-American-owned Cathay Bank providing records to back up the Treasury's, it is now more important than ever for the President to make a statement and address people's valid worries surrounding the potential Chinese collusion.
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Lee continued, "Let's just go back in time and remind everyone: nobody gets [$1 million] sole mandate from the Chinese government to start a private equity firm, especially one that doesn't have any private equity experience, especially someone that doesn't have any private equity experience and has a debilitating crack habit."
"So what type of influence did they buy as the Chinese Communist Party is running around with Russia, Saudi Arabia, Iran, setting up a new reserve currency to take out the United States of America?" he added. "What did the Biden's give up and what is it doing to our national security?"
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