Posted on 08/15/2019 2:34:39 PM PDT by bitt
https://www.finance.senate.gov/imo/media/doc/2019-08-14%20CEG%20to%20Treasury%20(AVIC%20CFIUS).pdf
Dear Secretary Mnuchin:
In the past, I have raised concerns regarding the Committee on Foreign Investment in the United States’ (CFIUS) decision-making process, most notably with respect to its approval of the Uranium One transaction where the Obama administration ceded some U.S. uranium production capacity to the Russian government.1
Today, I write to express concern about another Obamaera CFIUS-approved transaction which gave control over Henniges, an American maker of antivibration technologies with military applications, to a Chinese government-owned aviation company and China-based investment firm with established ties to the Chinese government. As with the Uranium One transaction, there is cause for concern that potential conflicts of interest could have influenced CFIUS approval of the Henniges transaction.2
Accordingly, Congress and the public must fully understand the decision-making process that led to the Henniges approval and the extent to which CFIUS fully considered the transaction’s national security risks
For example, one of the companies involved in the Henniges transaction was a billion dollar private investment fund called Bohai Harvest RST (BHR). BHR was formed in November of 2013 by a merger between the Chinese-government linked firm, Bohai Capital, and a company named Rosemont Seneca Partners. Rosemont Seneca was reportedly formed in 2009 by Hunter Biden, the son of then-Vice President Joe Biden, Chris Heinz, the stepson of former Secretary of State John Kerry, and others.3
The direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of Henniges by the Chinese government creates a potential conflict of interest. Both are directly related to high-ranking Obama administration officials. The Department of State, then under Mr. Kerry’s leadership, is also a CFIUS member and played a direct role in the decision to approve the Henniges transaction...
(Excerpt) Read more at finance.senate.gov ...
p
Chuck wrote another letter.
Next up; a more sternly worded letter.
L
Chuck has no teeth but at least he has the stones to point out the obvious and put it in writing for posterity. Let’s see if Barr is who he pretends to be.
Grassley does realize he’s dealing with people who do not respect or follow our laws, right? Our laws were a direct roadblock to them making big piles of easy money, so they had to be broken.
There were several cases when Clinton was president where he approved the sale of military technology to China. No one cared, the GOP was completely supine.
John Effin was in on it, too.... I should have known...
It’s still an open question if the Republic survives the Kenyanesian Usurpation.....
There were several cases when Clinton was president where he approved the sale of military technology to China.
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Loral was one. Missile guidance systems.
Multiple reentry vehicle tech was one that Clinton ok’d. Its how one ICBM covers multiple targets. It’s why things were moved out of the DOD to the Federal Trade Commision. The Republicans just sat on their collective asses. I hope BJC is on the same rock in hell as Epstein someday.
What more can Grassley do? I appreciate reading his well-documented letter.
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