Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa
How Much More Evidence Does the Government Need to Fully Investigate Hunter Biden?
Monday, November 29, 2021

 
Today, I’m going to highlight a new Hunter Biden record that I’ve recently made public.
 
Before I get to that, I’m going to take a trip down memory lane.
 
On September 23, 2020, Senator Johnson and I released our “Biden Report” as it’s been called.
 
That report focused on questionable financial transactions between the Biden family and foreign government-linked individuals. On November 18, 2020, we released a supplemental to that report.
 
I’m going to read several statements from the media and my Democratic colleagues about our report.
 
On September 23, 2020, a New York Times article by Nicholas Fandos described it in two ways: “lack of meaningful new information” and “overlap with a Russian disinformation campaign.”
 
The then-Democratic Minority Leader was quoted in that same article and said the report read “as if Putin wrote it, not United States senators.”
 
A September 23, 2020, Salon article by Igor Derysh quoted a Democratic senator saying that the report was the culmination of a “sham investigation.”
 
In that article, the same Democratic senator described our investigation as being “rooted in disinformation” from Russian operatives.
 
Separately, a Democratic senator also said about our report, “Bottom line: the Johnson-Grassley investigation is baseless. It’s laundering Russian propaganda for circulation in the U.S.”
 
In a September 23, 2020, CBS article by Melissa Quinn, another Democratic senator said about our report:
 
“The chairmen have amplified a known Russian attack on our election” and “it is unconscionable that the chairmen are continuing to advance false information intended to undermine our democratic process at the expense of the bipartisan work we should be doing to protect our national security.”
 
That same CBS article said that our report “reveals little new information.”
 
One Washington Post columnist, Josh Rogin, said, “Even after accepting disinformation from Russian agents, Johnson and Grassley couldn’t come up with anything new or interesting on Hunter Biden.”
 
Week after week, month after month, year after year, the media and my Democratic colleagues falsely attacked our investigation with reckless disregard for the truth.
 
I’ve spoken at length on the Senate floor rebutting all these false charges with example after example.
 
 
Well, on November 15, 2021, Senator Johnson and I publicly released a record that I’ve placed, in part, on this poster next to me. The full document illustrates an assignment and assumption of business interests.
 
The part next to me is a signature block in unaltered form including one typographical error.
 
The signature block includes Hunter Biden, his two companies and individuals connected to the communist Chinese regime.
 
These are the main companies that Hunter Biden and his associates used to funnel money all over the world: Hudson West Three, Hudson West Five, Coldharbour Capital and Owasco.
 
Owasco is Hunter Biden’s firm that was the recipient of millions of dollars from questionable financial transactions.
 
Gongwen Dong was the right hand man for the owner of a company called CEFC China Energy Company.
 
Mervyn Yan was his associate.
 
CEFC was an arm of the Chinese government.
 
Hunter Biden was a close business partner of these men and their companies.
 
Therefore, this signature block shows the direct financial and legal relationship between Hunter Biden and individuals connected to the communist regime.
 
These are the same folks and companies that we discussed at length in our September 2020 report.
 
This new document is yet another record that substantiates our report.
 
The same report that the media and my Democratic colleagues said was based on Russian disinformation.
 
To the media and my Democratic colleagues that said our report was Russian disinformation:
 
Is this signature block Russian disinformation?
 
Are the names of these companies Russian disinformation?
 
Is this document Russian disinformation?
 
No, this is a legitimate record that my staff uncovered and it didn’t come from the Hunter Biden laptop.
 
This is the same type of record that Senator Johnson and I based our report on.

So, to my Democratic colleagues who falsely smeared our report: you now chair committees that have jurisdiction over these matters, I challenge you to use the same effort and energy that you exerted in the Trump/Russia investigation to expose the extensive ties between the communist Chinese regime and members of the Biden family.