Key Points:
- Eric Schwerin, a close business associate of Hunter Biden, has agreed to cooperate with the House Oversight and Accountability Committee.
- Chairman James Comer stated that Schwerin is going to be a valuable witness in the investigation.
- Despite the agreement of cooperation, the committee plans to begin issuing subpoenas immediately as they believe Hunter Biden and his uncle, James Biden, are not fully cooperating.
In a major victory, House investigators have secured the cooperation of Eric Schwerin, a close business associate of Hunter Biden, who also had dealings with Joe Biden’s business and tax affairs. According to House Oversight and Accountability Committee Chairman James Comer, Schwerin’s attorneys and the committee’s counsel are in communication, and he is confident that Schwerin will provide the requested information.
The committee’s investigation is focused on the overseas business dealings of the first family that collected millions from Ukraine to China. Despite Hunter Biden and his uncle’s lack of full cooperation, the committee plans to start issuing subpoenas to individuals and financial institutions to obtain the information they need.
Schwerin’s involvement with Hunter Biden’s Rosemont Seneca investment firm and close proximity to both Hunter and Joe Biden during most of the time the elder Biden was Vice President raises questions about their business dealings. For instance, Schwerin’s involvement with the Chinese energy firm CEFC has raised concerns about communist China compromising the Biden family by providing an expensive diamond and a multi-million dollar, no-interest, forgivable loan.
In addition, emails on Hunter Biden’s laptop that was turned over to the FBI in 2019 show Schwerin was involved in discussions about tax and financial matters with Vice President Biden as early as 2010.
While the committee continues to fight for information from the White House and the Biden family, Schwerin’s agreement to cooperate is a positive development that could encourage other key witnesses to come forward. The information provided by Schwerin could potentially shed light on the Biden family’s overseas business dealings and provide answers to the questions that have been raised.