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Snake 15 points ago +15 / -0

Obama gives China antivibration technologies with military applications

The Chairmen’s investigation into potential conflicts of interest began in August 2019, with Chairman Grassley’s letter to the Department of Treasury regarding potential conflicts of interest with respect to Obama administration policy relating to the Henniges transaction.1 During the Obama administration, the Committee on Foreign Investment in the United States (CFIUS) approved a transaction that gave control over Henniges, an American maker of antivibration technologies with military applications, to a Chinese government-owned aviation company and a China-based investment firm with established ties to the Chinese government. 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 2013 by a merger between the Chinese-government-linked firm Bohai Capital and a company named Rosemont Seneca Partners. Rosemont Seneca was formed in 2009 by Hunter Biden, the son of then-Vice President Joe Biden, by Chris Heinz, the stepson of former Secretary of State John Kerry, and others.2

https://www.finance.senate.gov/imo/media/doc/HSGAC%20-%20Finance%20Joint%20Report%202020.09.23.pdf

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Snake 6 points ago +6 / -0

This money was then funneled back into the Biden family pockets.

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Gesirisi 3 points ago +3 / -0

Fake news. Obama is not and has never been anti-vibration.

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SomeoneInHouston 2 points ago +2 / -0

I can't imagine that's Joe and Hunter's technology to sell.