Fox News Digital obtained the transcribed interview of Hunter Biden’s former business partner, Devon Archer, with the House Oversight Committee. Conducted on Monday behind closed doors, the approximately four hour interview about Hunter Biden’s business dealings led to a more than 140-page transcript of Archer’s interview.
Archer told congressional investigators that Hunter Biden used then-Vice President Joe Biden as “defensive leverage” to send “the right signals” to his foreign business partners, while selling him as “the brand” that offered “capabilities and reach,” as well as a “unique understanding of D.C.”
Archer told investigators that Hunter Biden used his “very powerful name” to “add value” in pitching and securing foreign business ventures.
Archer said Hunter Biden “would not be so overt,” or “overtly” say “we’re going to use my dad for this,” but instead, Archer said that he would use the name to “get leverage.”
“Defensive leverage that the value is there in his work,” Archer said.
“The value that Hunter Biden brought to it was having — you know, there was — the theoretical was corporate governance, but obviously, given the brand, that was a large part of the value,” he continued. “I don’t think it was the sole value, but I do think that was a key component of the value.”
When asked if Archer and Hunter Biden would tell business partners they had “unique access” because of Vice President Biden, Archer said: “Yes, we would say we had unique understanding of D.C. and how it operates and how that, you know, could positively reflect on the terms of our business.”
Archer served on the board of Ukrainian natural gas firm Burisma Holdings alongside Hunter Biden beginning in 2014 and received $83,000 a month for his work.
Referring to Burisma, Archer told investigators that Hunter Biden used the “brand” of Joe Biden for having “doors opened,” which “sent the right signals” for Burisma to “carry on its business and be successful.”
“My only thought is that I think Burisma would have gone out of business if it didn’t have the brand attached to it,” Archer said.
When pressed, Archer clarified that he believed Burisma was “able to survive” for as long as it did “just because of the brand.”
“Because people would be intimidated to mess with them,” Archer explained.
“In what way?” Archer was asked.
Continue Reading: Fox News
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Biden to lift sanctions on China in exchange for third promise to combat fentanyl
Reportedly President Joe Biden is making deals with Chinese President Xi Jinping to help improve anti-drug trafficking measures. China is one of the top fentanyl producers and distributors, culminating in a pandemic of fentanyl overdoses and deaths in the United States.
The Biden administration will be lifting sanctions on a Chinese government ministry, in exchange for bolstering anti-drug trafficking measures, Bloomberg reported. “We’re hoping to see some progress on that issue this coming week,” National Security Advisor Jake Sullivan said Monday, according to the New York Post. “That could then open the door to further cooperation on other issues where we aren’t just managing things, but we’re actually delivering tangible results.”
The Daily Caller News Foundation noted that should a deal materialize, it will be at least the third time that China has promised to get tough on fentanyl. In 2016, China agreed to increase counter-narcotics operations, and Xi again agreed to launch a crackdown in 2018. Nonetheless, China and Mexico are “the primary source countries for fentanyl and fentanyl-related substances trafficked directly into the United States,” according to a 2020 DEA intelligence report.
“China remains the primary source of fentanyl and fentanyl-related substances trafficked through international mail and express consignment operations environment, as well as the main source for all fentanyl-related substances trafficked into the United States.”
President Joe Biden and Xi are meeting for the first time in over a year during this week’s Asia Pacific Economic Cooperation (APEC) summit in San Francisco. Sources familiar with the situation told Bloomberg that the People’s Republic of China (PRC) will crack down on Chinese companies manufacturing chemical precursors for fentanyl in exchange for the U.S. lifting sanctions on the Ministry of Public Security’s Institute of Forensic Science, which the Commerce Department added to the Entity List in 2020 for “engaging in human rights violations and abuses” in the Xinjiang Uyghur Autonomous Region.
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