Republicans on Capitol Hill are intensifying their efforts to investigate Hunter Biden's financial dealings with a Chinese energy company amidst the ongoing House impeachment inquiry against President Biden. The focus now shifts to Mervyn Yan, a former business associate of Hunter Biden, who is expected to be interviewed by the House Oversight Committee.
Yan's testimony comes in the wake of revelations regarding Hunter Biden's financial transactions with a Chinese energy company called CEFC. Although CEFC has ceased operations, House oversight investigators believe that money originating from the company found its way to Joe Biden through various entities. A payment of approximately $40,000 described as a loan repayment from the president's sister-in-law, Sarah Biden, is among the financial transactions under scrutiny.