CHAIRMAN JAMES COMER REVEALS WHAT CHINA MAY HAVE GOTTEN FROM THE BIDEN FAMILY
MARIA BARTIROMO: So, Congressman, let’s undergo a few of these financial institution information. That is actually the primary batch of financial institution information you had been in a position to get as a result of they have been stonewalling you. Are there extra?
JAMES COMER: There are a lot of extra. Maria, that is one deal. We predict there are as many as 11 extra offers. Now, we do not know what these offers are with the Bidens. At first, the White Home denied having any data or the truth that their household was concerned in any kind of means, form or type with the CCP. However now we’ve financial institution information that reveal in any other case. We do not know what the Bidens did in return for this cash. The lawyer stated that it was C capital for a enterprise. We have not been capable of finding a enterprise, Maria. We will have a possibility to ask folks about that that had been carefully aligned with the Biden household. We have talked to him privately. I am not going to disclose what they are saying privately, however very quickly they will both be speaking to everybody within the type of a deposition and even higher in a committee listening to. However proper now, it seems to be like the Biden household simply pocketed this cash. That is one deal. We have now 11 extra to go. And I am fairly assured we’ll be getting extra financial institution information in very quickly.
MARIA BARTIROMO: All proper. So $1 million distributed to the Bidens on one deal, and also you say there are 11 others. Let’s speak about what probably the CCP might have been paying for. You are of any indication, whether or not or not it’s from the laptop computer, out of your investigation, that provides us any details about what particularly China was paying the Biden household for.
JAMES COMER: Properly, we all know that when the president was vice chairman within the Obama administration, he made a number of journeys to China. He introduced his son and a few of these associates with him. They met elsewhere with a few of these people who the president claimed he by no means met with. So we all know the president hasn’t been truthful about his involvement when he was vice chairman. However from speaking to former associates that had been concerned with Hunter Biden, what we all know the Biden household had agreed to assist China do was get their foot within the door. And the American power business not simply bought liquefied pure fuel, but additionally bought curiosity in drillers for pure fuel, in addition to attempt to do issues like assist China purchase farmland.
JONATHAN TURLEY TELLS MARIA TRUMP’S POSSIBLE INDICTMENT IS ‘OVERTLY POLITICAL’
MARIA BARTIROMO: So two questions. What does this imply for President Trump? And quantity two, what are we going to do about these true requirements of justice?
JOHN TURLEY: Properly. Maria Mockingly, if Donald Trump had to decide on which of those circumstances would come first, this may be that case. The this case is overtly political and actually fulfills the narrative that many have raised on this marketing campaign season. So in some methods, it is a lucky choice for Trump. A brag gave Donald Trump what I feel is credible proof of the politicalization of the legal justice system. There is likely to be a harder time doing that with one thing like Mar a Lago. So the query is what occurs to the case? You possibly can not have picked a greater jurisdiction to prosecute Donald Trump. You realize, that is the worst attainable jury pool for him for some judges in New York, to dismiss a case like this may border on self-immolation. So it is attainable that this might go to trial. However it may have critical issues on enchantment. I feel that I am not satisfied that Barack has not run out of time. I feel there are some very important questions whether or not the statute of limitations has already run on these claims.
REP BYRON DONALDS CALLS FOR HEARINGS ON CAPITOL HILL OVER REGULATORS’ TREATMENT OF THE BANKING SYSTEM
MARIA BARTIROMO: Properly, I imply, look, every week in the past, the FDIC instructed us that they will safe all deposits at Signature Financial institution, at Silicon Valley Financial institution. Now, you already know, various banks need the identical remedy of securing all deposits. However you talked about Mary Daly, the president of the San Francisco Federal Reserve. Kim STRASSEL at The Wall Road Journal writes An incredible op ed this week Did ESG assist sink SBB? As a result of from day one, this administration has been speaking about their local weather change agenda, a complete of presidency strategy. And possibly she was rewarding SBB for insurance policies round ESG and across the local weather change agenda fairly than specializing in the security of the financial institution.
BYRON DONALDS: No, I completely agree with that with that thought course of. Mary Daly must in all probability come to Capitol Hill and clarify to us what she was taking a look at and why. As a result of if you happen to’re a solely centered on local weather change and fairness agendas and all that stuff, however you are not involved with rate of interest danger on the stability sheet of a financial institution, you are not doing the job. And there are critical questions there about what the regulators had been doing and never doing with respect to the soundness of the banking system. However let me additionally add this, Maria. Let’s not absolve the executives at Silicon Valley Financial institution. They did not have a danger supervisor, apparently for eight months. A danger officer excuse me. The C-suite ought to have recognized higher and completed what they wanted to do to handle the rate of interest danger on the financial institution going lengthy in treasuries like that and in mortgage backed securities. However we’ve to ensure you cannot let have a look at the Fed and simply give them a go. In my opinion, the Federal Reserve took too lengthy making an attempt to get this inflation out of our financial system. And now everyone’s bearing the the burden of their dithering with respect to dealing with inflation.
SEN TOM COTTON DISCUSSES WHY THE BIDEN ADMINISTRATION PROTECTED CHINESE DEPOSITS
MARIA BARTIROMO: I wish to get your tackle the FDIC securing all the deposits of that financial institution, together with importantly, many firms which can be primarily based in China that had been shoppers of Silicon Valley Financial institution. Now they’re saying, look, we will not safe all of the deposits all over the place. However they had been very quick to come back to the rescue of Silicon Valley Financial institution, even with these shoppers from China. I ponder if it might have been the identical remedy if this was a financial institution in Texas with shoppers that had been oil firms or oil, you already know, buying and selling corporations.
TOM COTTON: Properly, Maria, simply ask the query I feel is carrying with it its personal reply. I feel it is apparent to everybody that Joe Biden wouldn’t have bailed out a financial institution in, say, Midland, Texas, that banked nearly completely the oil and fuel business. The failure of Silicon Valley Financial institution and the stress it is placed on our banking sector and the financial system actually has Joe Biden’s failures all the way in which down. It was Joe Biden’s reckless spending that created runaway inflation, which led to increased rates of interest, which put the squeeze on banks like Silicon Valley Financial institution. And it was Joe Biden’s administration that did not correctly oversee and supervise a financial institution like Silicon Valley Financial institution six months in the past or a 12 months in the past to make sure that they had been doing correct danger administration of the rate of interest spreads between their deposits on the one hand and their belongings then again, or for that matter, who final week did not assist organize for a shotgun wedding ceremony merger with a bigger financial institution with a extra secure stability sheet, in all probability as a result of they’re ideologically against any type of mergers. So what we bought as a substitute was the Biden financial institution bailout, which can the truth is be going to Chinese language firms, as a result of it is well-known that Silicon Valley Financial institution was an entry level for Chinese language firms to get American cash. And when you have got certainly one of these financial institution failures, overseas depositors are imagined to be in line behind American depositors. But the Biden administration confirmed to me on a convention name final week about this case that they’re, the truth is, going to make complete Chinese language depositors in all probability on the fig leaf that they’ve, you already know, a single American cosigner, more than likely on the very enterprise capital corporations that had been funneling cash into these Chinese language firms within the first place. Firms which can be nearly definitely generally aligned with the Chinese language Communist Celebration or the Individuals’s Liberation Military.
JOHN RATCLIFFE TELLS MARIA BARTIROMO THAT THERE HAS BEEN NO PRESUMPTION OF INNOCENCE FOR TRUMP SINCE THE MUELLER INVESTIGATION BEGAN
MARIA BARTIROMO: President Trump says he’ll be arrested on Tuesday. Your response?
JOHN RATCLIFFE: Properly, it is clearly a political prosecution, and that is underscored by the very fact, Maria, that you’ve in Melvyn Bragg, the D.A. concerned right here, somebody who on his very first day in workplace stated we won’t prosecute armed robberies on this workplace. And now he is saying we are going to prosecute a misdemeanor offense in opposition to the opposition political social gathering who occurs to be a presidential candidate, former President of the USA, even if the statute of limitations has clearly run on that misdemeanor and the truth that different state and federal prosecutors have handed on that. So. However my tackle it, Maria, is that is simply the most recent in kind of the evolution of of what the Democrats, as they’ve shifted from a celebration, from Democrats to progressives, which is admittedly type of a mixture of socialists and communists who do not just like the American justice system. It is a continuation of an assault on that justice system and tearing down all the pillars that make that system work so effectively. So simply to remind your viewers, when the Mueller investigation was going, the primary of the pillars to go was the bedrock precept of a presumption of innocence. Bear in mind, Donald Trump did not have that presumption. He needed to conclusively show his innocence. Then rapidly, it shifted within the Ukraine impeachment to the suspension of the precept of due means of legislation. And Donald Trump grew to become the primary president by no means to be allowed to have authorized illustration all through the Home proceedings. Extra not too long ago, with Mar a Lago, the subsequent precept to go was equal safety underneath the legislation. And we noticed that when the identical statute was utilized between Trump and Biden. Relating to categorised paperwork, Trump’s residence was raided. Biden’s attorneys had been allowed to only casually flip over paperwork each time they need. So this newest kind of tortured prosecution that’s within the offing this week by by the day in New York is simply kind of the most recent assault on the American justice system by the Democratic Celebration.
SEN RICK SCOTT WARNS OF THE DOUBLE-STANDARD IN OUR SYSTEM OF JUSTICE
MARIA BARTIROMO: Senator, the place is the outrage from Republicans? Trump goes to get indicted on Tuesday. He stated this simply days after James Comer uncovered cash coming from communist China distributed to the Biden household.
RICK SCOTT: I imply, first, there’s a variety of all of the Democrats hate Trump. There’s some Republicans. They hate Trump. So guess what? There is a double commonplace. You are able to do something you wish to trump. Everyone is okay with that, however you possibly can’t do it to Biden. There is a fully double commonplace. Should you’re Trump, there’s a normal and it is up. Go all in. Assault the man. Everyone’s okay. You realize, individuals are okay with that. However. BIDEN Oh, we bought to watch out. We bought to comply with the legislation. That is why Individuals are fed up with our press. I imply, what DOJ, with FBI, with so many issues in your federal authorities, they know there is a double commonplace. That is mistaken. Properly, how are we.
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