Biden’s Financial Ties To China Exposed
Imagine if Trump had done something like this?
During a Senate hearing on Wednesday, Senator Eric Schmitt, a Republican from Missouri, questioned President Biden’s energy secretary regarding her economic ties with China and urged her to acknowledge the country’s status as a “concern.” Schmitt stated that Republicans aim to ensure that the energy secretary cuts ties with the communist nation, and he emphasized that they would closely monitor her actions.
Senator Schmitt spoke to Fox News after the hearing and stated that with the substantial funds that will be allocated from Washington, D.C. for the semi-Green New Deal, there must be proper oversight to prevent any support to adversaries like China. He emphasized the significance of the energy secretary’s acknowledgement during the hearing, stating that it is an important step towards ensuring that the country’s economic ties with China are severed.
Senator Schmitt’s questioning during the hearing left Energy Secretary Jennifer Granholm struggling to respond, particularly regarding the Biden administration’s decision to sell oil from the Strategic Petroleum Reserve to China, her previous praise of the Chinese Communist Party, and concerns about the potential funding of Chinese operations through the green energy push.
During the Senate Committee on Armed Services hearing, Senator Schmitt questioned Energy Secretary Jennifer Granholm about the agency’s $200 million grant to Microvast, a lithium battery company that primarily operates out of the People’s Republic of China. Schmitt asked Granholm if she was aware of the grant and sought clarification on the matter.
Granholm panicked and replied, “There were awards, there were selections that were named. And all of those companies were going through a vetting process to ensure that there’s no money flowing to countries of concern. And so those vetting processes are going on. Not a dollar has gone out the door yet.”
Senator Schmitt also pressed Energy Secretary Jennifer Granholm on her commitment to ensuring that no funds from tax credits or grants owned by a Chinese company go to any energy company that takes advantage of them. Schmitt sought clarification from Granholm and questioned whether she was genuinely committed to making such a pledge.
“No state-owned enterprise will get funding from the bipartisan effort,” she shot back.
