Biden Defector Bevan Cooney’s Emails Reveal Hunter Biden’s Associates Viewed Direct Pipeline to Obama Administration as “Currency”

Hunter Biden’s business associates spoke candidly in emails about Hunter Biden’s role in the business, particularly as it related to foreign ventures, apparently viewing the Biden name as a form of “currency,” and bragging that they had a “direct…pipeline” to the Obama-Biden Administration.

For example, in December 2013, Rosemont Seneca Partners finalized a deal with the Chinese government-backed investment vehicle, Bohai Harvest, to form Bohai Harvest RST, a new firm in which Hunter Biden would maintain a 10% equity stake and whose funds would grow to at least $1.5 billion.

Soon after that deal (and after Biden and Archer joined the board of Ukraine’s Burisma Holdings), Heinz made moves to sever his formal business ties with Archer and Biden in May 2014. Just hours after Burisma’s announcement that Biden and Archer had joined the board, Heinz emailed top aides for his step-father and then-Secretary of State John Kerry, alerting them to the potentially compromising arrangement. “Apparently Devon and Hunter both joined the board of Burisma and a press release went out today,” Heinz said. “I can’t speak why they decided to, but there was no investment by our firm in their company.”

But Heinz’s concerns apparently did not deter Biden and his associates from continuing to leverage the Biden family name to pursue questionable business arrangements.

In an email on November 4, 2014, Biden’s business associate Jason Galanis discussed a draft pitch that he was preparing for possible investors. Galanis explained that the presentation would cover boilerplate issues like investor protections. But Galanis also sought to emphasize their connections to the White House, specifically Vice President Joe Biden: “I wanted to focus on the ‘other currency’ we are bringing to the table…direct administration pipeline.” Galanis also mentioned dropping Joe Biden’s connections in their pitch when dealing with union pension funds. Galanis wrote, “maybe we should also remind of HB’s dad’s union relationships to justify the ask??”

October 20, 2020 6:42 pm

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