Eric Schwerin, one of Hunter Biden’s closest business associates, will testify before the House Oversight Committee in a closed-door hearing in January, the committee confirmed to The Post.
Schwerin, 54, who worked as president of Hunter Biden’s investment firm, Rosemont Seneca Partners, was issued a subpoena to appear on Nov. 9, 2023.
Emails from the first son’s abandoned laptop show that Schwerin was intimately involved with the personal finances of both Hunter Biden and his father, President Biden.
“Mr. Schwerin worked closely with members of the Biden family, Biden associates, and Biden corporate entities that the committees have identified as transferring millions of dollars to the Bidens, often from foreign sources,” including the “ access to bank accounts,” the panel wrote to Schwerin’s lawyer, William Farah, in its subpoena letter.
The letter was sent after months of negotiations between Schwerin, who lives in a three-bedroom house in the exclusive Glover Park neighborhood of Washington, DC, and the committee.
The closed-door nature of the hearing suggests the deposition will follow a format similar to that of Devon Archer, another Hunter Biden business associate who spoke before the committee in July.
News of the explosive statement comes just weeks after Hunter Biden was charged with a series of new felony and misdemeanor charges for allegedly failing to pay $1.4 million in taxes while living the life of a nepo-baby.” extravagant”.
Eric Schwerin will offer a transcribed interview in January. Rod Lamkey – CNP
The first child could face up to 17 years in prison.
Experts said Schwerin’s testimony could be explosive given how close he was to the Biden family’s finances.
“He was the middleman between Hunter’s business and Joe’s money. He created the shell companies. He was the one who made the cash transfers. He knows what money he went where,” said Jim Hanson, an information security consultant who studied Hunter Biden’s laptop. “If there is irrefutable proof, he buried it.”
It’s unclear what exactly Schwerin will say, but members will almost certainly be seeking answers to revelations this week from the House Ways and Means Committee that Joe Biden used email pseudonyms to covertly communicate with members of his family, and with Schwerin, between 2011 and 2019. .
Schwerin is one of the Biden family’s closest business partners. AP
Biden’s father sent or participated in 327 emails with Schwerin.
Of them, 54 were exclusively between Joe Biden and Schwerin.
The committee has accused Schwerin of being the architect of “several shell companies that launder money around the world.”
Hunter Biden and Schwerin likely met more than 20 years ago when they worked in former President Bill Clinton’s Commerce Department.
When George W. Bush became president, Hunter Biden moved into the private sector and founded a lobbying firm with William Oldaker, a D.C. lawyer who worked on his father’s aborted 1988 presidential campaign.
Schwerin became a partner in the firm in 2002, lobbying information forms show.
In June 2009, shortly after Biden Sr. became vice president, Hunter Biden founded his investment firm Rosemont Seneca Partners with Devon Archer, a former Abercrombie & Fitch model, and Chris Heinz, a ketchup heir and stepson of John Kerry.
Emails from Hunter Biden’s hard drive show Eric Schwerin had intimate access to Joe Biden’s finances.
Schwerin signed on as president and the fund aggressively pursued deals in Russia, Romania, Ukraine, China and elsewhere.
The committee has focused intensely on China, particularly a 2017 deal between Hudson West III (an LLC managed and invested by Hunter Biden) and CEFC, a Chinese energy giant seeking to sell American liquefied natural gas to China.
President Biden, who had just finished his term as President Obama’s vice president at the time, was involved in the deal, Comer told The Post last year.
“This is China trying to buy the property of our American country. [energy] industry, which is a threat to national security and, by the way, the way that Joe Biden was carrying it out. That is a problem and that is why we are concerned that this White House is compromised,” Comer said.
Unlike Archer and Heinz, Schwerin was deeply connected to Vice President Biden’s orbit, records show.
On Nov. 17, 2010, Schwerin met with Biden in the West Wing, one of dozens of documented visits he made to the White House during the Obama and Biden years, according to visitor records.
“He did financial things for the family, but that’s all I know,” Margaret Campbell, former special assistant to Jill Biden, told The Post in April 2022.
Emails from Hunter Biden’s laptop show he also had access to then-Vice President Biden’s finances. Schwerin handled Joe Biden’s “Delaware tax refund check” and the two spoke on the phone.
“Your dad just called me. [about his mortgage] and mentioned that he would be out a lot soon and wouldn’t be back until Labor Day… You could use some positive news about your future earning potential,” Schwerin wrote in a July 2010 email to Hunter Biden.
Schwerin previously met with the Oversight Committee in March to discuss the submission of documents. Committee Democrats said at the time that Schwerin claimed he “had no knowledge of any involvement by President Biden in the financial management of the president’s relatives’ businesses.”
Hunter Biden and Schwerin likely met more than 20 years ago when they worked in former President Bill Clinton’s Commerce Department. REUTERS
Republicans, however, disputed that characterization. His appearance in January will be his first transcribed interview.
Both Schwerin and his attorney did not respond to The Post’s requests for comment.
FIVE QUESTIONS FOR SCHWERIN
1.Hunter Biden has been accused of allegedly evading at least $1.4 million in taxes between 2016 and 2019. Is he guilty?
2. You made dozens of trips to the White House when Joe Biden was vice president. What was the purpose of these trips and what did they talk about?
3. You and Joe Biden exchanged at least 54 private emails when he was vice president. What were they about and why did he use a pseudonym?
Schwerin was deeply connected to Vice President Biden’s orbit, records show. AP
4. Have you ever discussed anything about a foreign country, including issues related to China, with Joe Biden?
5. Why did you have access to Joe Biden’s personal finances, including his tax returns and mortgage information?
6. Why was Hunter Biden placed on Burisma’s board of directors in Ukraine? Why did the company cut his salary after Joe Biden left the vice presidency?
7. What was the purpose of the shell companies you created for Hunter Biden and his family, who asked you to create them, and how much money was involved?
8. How much money was passed from Hunter Biden to his father and why?
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Source: vtt.edu.vn