the editorial board. alexandria hoff joins us live. alexandria: u.s. regulators are applauding the deal saying the lifeline given to first republic bank demonstrates the resilience of the american banking system. all of this to pull first republic bank from the spiral met by silicon valley, signature and silver gate. join statement reads action of the largest banks reflect confidence in the banking system, we are deploying strength and liquidity to the largest system where it is needed most. the banks are supporting the economy and those around us. secretary yellen was among the architects of the deal. her testimony game days after emergency action to contain collapse of silicon valley bank. listen. i can reassure the members of the committee that our banking system is sound. americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate resolute commitment to ensure that our financial system remains strong and that dep
Horrible Car Tax Thing but that would be motivated selfinterest. So instead, let me ask you, youve been watching this hearing, do you believe that an Impeachment Inquiry at this point is legitimate . Its the congressional job of oversight and investigation and they should continue to investigate and they got to follow the facts and my strong advice is following the money. The money will tell you where the end treasure pot is. And this is at the front end of i think a Fact Finding Mission that congress should be doing and they need to be doing this job and they should just continue to follow those facts. Sandra governor, sandra here in new york. Thanks so much for joining us. Hey, sandra, great to be with you. Sandra can i get you to play in broadly what we have seen with the Impeachment Inquiry . Broadly speaking, ill repeat a little of what i just commented on, which is the congressional role of oversight is so important and i think that what we have seen here out of this Important Co
what are we really getting at? first, they used them as vehicles to move money directly into biden family accounts. why is that? it s because they were looking to obfuscate and hide where the money was coming from. for example, the bidens used their associate rob walker to bring in millions of dollars from china and romania. walker s limited liability company robinson walker llc paid hunter, james, hali and others in the biden network more than $2 million after foreign money hit his account. 1/3 to the bidens was the pattern. on march 1, 2017. two months after joe biden left office they received a $3 million wire from state energy hk limited, a chinese entity. the next day, 1/3 of that money, $1 million 65,000 went to the
bank account of the company eeig which was controlled by another biden associate. over the next three months, robinson walker llc sent 16 incremental payments to more than to over five different biden accounts totaling 1,065,692 including payments to james biden who received fire wires and over $50,000, who did no discernible work to earn that money. a third to the bidens. what was state energy hk limited? a second class of biden associates. the people from whom the bidens conducted business. state energy hk limited was a company controlled by ming. yi was a chinese billionaire reportedly the former secretary
reporter: in a new memo, republicans in the house oversight committee say three biden family members in 2017 receives over $1 million indirectly from a shanghai-based company, state energy hk limited. the money came after biden. waunger then transferred a third of those funds to various biden family bank accounts over a three-month period. the new information uncovered by the house gop, $35,000 in payments to hallie biden, beau biden s widow. republicans also targeting the president s brother james and his son hunter and also say they re probing an account linked to an unknown biden. the memo did not reveal any illegal action by the biden family members, and the president has long maintained he