<p>CBS&#8217; Catherine Herridge reported Thursday that over 150 financial transactions tied to Hunter Biden and James Biden were &#8220;flagged as concerning&#8221; by banks in the United States.</p>
<p>&#8220;CBS News has learned more than 150 financial transactions involving either Hunter or James Biden&#8217;s global business affairs were flagged as concerning by U.S. banks for further review. Some of those concerns included large wire transfers,&#8221; Herridge tweeted early Thursday morning along with a link to her <a href="https://www.cbsnews.com/news/hunter-biden-republican-probe-business-dealings-james-biden-chuck-grassley/">report</a>.</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">CBS News has learned more than 150 financial transactions involving either Hunter or James Biden&#39;s global business affairs were flagged as concerning by U.S. banks for further review. Some of those concerns included large wire transfers.  <a href="https://t.co/zURiLL4zt3">https://t.co/zURiLL4zt3</a></p>
<p>&mdash; Catherine Herridge (@C__Herridge) <a href="https://twitter.com/C__Herridge/status/1512028386968973314?ref_src=twsrc%5Etfw">April 7, 2022</a></p></blockquote>
<p>Herridge reported that critics have largely kept the focus of investigations on President Joe Biden&#8217;s embattled son Hunter and his allegedly <a href="https://dailywire.com/news/white-house-stands-by-claim-that-hunter-biden-did-not-profit-off-chinese-business-deals-docs-show-his-companies-made-millions/">shady international business dealings</a> — but that further scrutiny has linked the president&#8217;s brother, James Biden, to a number of transactions that banks flagged as &#8220;concerning.&#8221;</p>
<p>&#8220;We have people with the Biden name, dealing with Chinese business people that have a relationship to the Communist Party. I think James Biden was very much a part of this,&#8221; Senate Judiciary Committee ranking member Chuck Grassley (R-IA) told Herridge.</p>
<p>From Herridge&#8217;s <a href="https://www.cbsnews.com/news/hunter-biden-republican-probe-business-dealings-james-biden-chuck-grassley/">report</a>:</p>
<blockquote><p><em>Bank records released by Republican senators this week indicate James Biden&#8217;s company, the Lion Hall Group, received payments from a Chinese-financed consulting group in 2018, before his brother Joe announced he was running for president. Grassley says that same year James Biden and the president&#8217;s son, Hunter, received monthly retainers totaling $165,000 — $100,000 to Hunter and $65,000 to James.</em></p>
<p><em>Grassley said his team obtained the records directly from the bank where the consulting group did business. He has spent three years investigating and described James and Hunter Biden&#8217;s business dealings as &#8220;very concerning.&#8221;</em></p></blockquote>
<p>Grassley has been investigating <a href="https://www.grassley.senate.gov/news/remarks/grassley-johnson-discuss-investigation-into-biden-family-foreign-financial-entanglements_-part-1">foreign business dealings</a> involving several members of <a href="https://www.grassley.senate.gov/news/remarks/the-biden-family-investigation_part-iii-james-biden">the Biden family</a> for several years, and he released a report in 2020 along with fellow Senator Ron Johnson (R-WI) alleging that James Biden and his wife Sara Biden &#8220;tapped into a line of credit Hunter set up with a Chinese business executive to purchase more than $100,000 in airline tickets, hotels and restaurants.&#8221;</p>
<p>The most recent records released by GOP lawmakers appear to confirm that Hunter Biden and the Chinese executive signed off on a line of credit for $99,000 in 2017.</p>
<p>&#8220;CBS News has also learned more than 150 financial transactions involving either Hunter or James Biden&#8217;s global business affairs were flagged as concerning by U.S. banks for further review. Some of those concerns included large wire transfers,&#8221; the report continued, clarifying that being flagged for review did not necessarily point to either guilt or innocence. &#8220;Such banking reviews could point to deeper problems — or they could prove innocuous. Information shared with CBS News does not indicate the outcome of the banking reviews.&#8221;</p>
<p>CBS also noted that, according to a <a href="https://www.nytimes.com/2019/05/19/business/deutsche-bank-trump-kushner.html">New York Times report</a>, transactions tied to former President Donald Trump and his family members had been flagged for similar reviews several years earlier.</p>

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CBS Report: US Banks ‘Flagged’ More Than 150 Biden Family Business Transactions As ‘Concerning’