Biden

Trump’s cash edge over Biden is fading

Presumed Democratic presidential nominee Joseph R. Biden is eating into President Trump’s cash advantage in the 2020 race for The White House. Mr. Biden struggled to raise money in the Democratic presidential primary, but things have brightened for him on that front since it became clear that he would lead the party into the November…

Presumed Democratic presidential nominee Joseph R. Biden is eating into President Trump’s cash advantage in the 2020 race for The White House.

Mr. Biden struggled to raise money in the Democratic presidential primary, but things have brightened for him on that front since it became clear that he would lead the party into the November election.

The 77-year-old has experienced an uptick in fundraising and has benefited from running a low-cost virtual campaign.

Mr. Trump, meanwhile, has burned through cash, according to a breakdown from the Center for Responsive Politics.

The Biden campaign outpaced the Trump camp’s fundraising totals by a $36 million to $25 million margin in May.

“That’s the first time Biden outraised Trump in a single month this year,” the group said. “And Biden’s low-key, mostly virtual campaign spent just over $11 million while Trump blew through almost all of his monthly fundraising haul.”

Mr. Biden also outperformed Mr. Trump in May when the political parties and joint fundraising operations are taken into account, raising over $81 million with the Democratic National Committee. Mr. Trump and the Republican National Committee raised $74 million.

The improving fundraising numbers came before the death of George Floyd and the ensuing protests and riots across the country that have added to the political polarization and coincided with Mr. Trump’s sagging poll numbers.

The analysis from the Center for Responsive Politics shows that the fundraising totals for Mr. Biden and the Democratic National Committee spiked to $122 million in June from $17 million in February.

Over that same period five months period, Mr. Trump and the Republican National Committee started with $168 million and ended with $190 million.

Biden

Hunter Biden Burisma payments detailed in Treasury Department reports

Democratic presidential nominee Joseph R. Biden flatly denied at Tuesday night’s debate that his lawyer son took huge sums of money from corrupt oligarchs and Chinese communists during his vice presidency, but Treasury Department reports show that Hunter Biden did receive the money. President Trump chose to make an issue of Hunter Biden’s cash haul…

President Trump chose to make an issue of Hunter Biden’s cash haul from Russia, Ukraine and China with the implication that unsavory figures were trying to buy Vice President Biden and the Obama administration.

“When somebody gets 3½ million dollars from the mayor of Moscow,” Mr. Trump said.

“That’s is not true. That report is totally false,” Mr. Biden said.

A Senate Republican report by the Homeland Security and Governmental Affairs Committee says Mr. Trump is right, though it was not Moscow’s mayor, but his wife, whom the U.S. suspects of corruption in attaining billionaire status.

Hunter Biden received a single wire transfer of $3.5 million from Elena Baturina. The Senate report said she became a billionaire through illegal construction contracts awarded by her husband, since deceased.

This is based on Treasury Department reports received by committee Chairman Ron Johnson, Wisconsin Republican, and Senate Finance Committee Chairman Chuck Grassley, Iowa Republican.

The Senate narrative is not specific, but the types of transaction records match the description of confidential suspicious activity reports that the Treasury issues when it suspects illegal activity.

The Senate report says, “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement.’ Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.”

Russia invaded Crimea in Ukraine the month Ms. Baturina sent the money.

“Why did he get it?” Mr. Trump asked.

“That report was written for political reasons,” Mr. Biden said.

Mr. Trump asserted, “Once you became vice president, he made a fortune in Ukraine, in China, in Moscow and various other places.”

Mr. Biden responded, “That is not true.”

According to the senators’ Treasury records, it is true.

In April 2014, President Obama made Mr. Biden the point man in Ukraine, after the Russian invasion, to persuade leaders to rid the country of rampant corruption.

The next month, Hunter Biden showed up on the board of directors of the energy company Burisma Holdings, which the State Department considers corrupt, as it does its oligarch owner, Mykola Zlochevsky. Hunter Biden’s business partner, Devon Archer, already had secured a spot.

Over the years, Burisma paid the two more than $4 million. Treasury records show that 48 wire transfers from May 2014 to February 2016 totaled $3.4 million. The money went to Rosemont Seneca Bohai, a shell company run by Mr. Archer in partnership with a Chinese investment fund.

In 2014 and 2015, Burisma sent $700,000 directly to Hunter Biden. After Mr. Archer was arrested on fraud charges, Burisma sent Hunter Biden another $752,000.

On China, Vice President Biden promoted closer ties to the communist regime on many fronts. He traveled to China in 2013 on Air Force Two and took along Hunter, who met with Chinese businessmen.

“China ate your lunch, Joe,” Mr. Trump said Tuesday night. “And no wonder your son goes in and he takes out billions of dollars. He takes out billions of dollars to manage. He makes millions of dollars.”

Mr. Biden said, “None of that is true.”

The Bidens have adamantly denied reports that Hunter Biden’s investment firm received a $1 billion infusion.

But the Senate report documents extensive ties between Hunter Biden and various Chinese entities that produced millions of dollars in wire transfers.

In one example, China’s CEFC Infrastructure Investment wired $5 million to HudsonWest LLC, a New York company jointly owned by Hunter Biden and Chinese interests. HudsonWest then sent $4.7 million to Hunter Biden’s law firm. The next year, another $1 million was delivered.

Hunter Biden sent 20 wire transfers totaling $1.3 million to Vice President Biden’s brother James for consulting services. Treasury flagged the transfers as potentially criminal, the Senate report said.

When the bank contacted James Biden’s wife, Sara, to learn details, she refused to cooperate, the Senate report said.

“Hunter Biden has extensive connections to Chinese businesses and Chinese foreign nationals that are linked to the Communist government,” the Senate report said. “Those contacts bore financial fruit when his father was vice president and after he left office.”

The Senate report also said Hunter Biden sent money to Ukrainian and Russian women. The Treasury reports said the transactions are linked to “what appears to be an Eastern European prostitution or human trafficking ring.”

Mr. Johnson, the Senate homeland security panel chairman, wrote in a FoxNews.com column Tuesday that liberal news media have ignored his report showing disturbing ties between the Biden family and corrupt people.

Biden

Joe Biden: Trump ‘looks down on us’

Joseph R. Biden leaned into his recent populist messaging Wednesday as he kicked off a train tour of eastern Ohio and western Pennsylvania, saying President Trump looks down on Americans who might be struggling. “I think it’s more than ignoring us,” Mr. Biden said in Cleveland. “I look at things from [a] Scranton perspective —…

“I think it’s more than ignoring us,” Mr. Biden said in Cleveland. “I look at things from [a] Scranton perspective — he looks at it from Park Avenue. I think he basically looks down on us.”

Mr. Biden spoke the day after his first debate with Mr. Trump that was dominated by name-calling and interruptions.

“The question is does he see you where you are and where you want to be? Does he care? Has he tried to walk in your shoes to understand what’s going on in your life?” Mr. Biden said. “Or does he just ignore you and all the folks all over America who are in a similar situation?”

Mr. Trump said Wednesday that Mr. Biden flopped the previous night and that the former vice president’s performance probably cost him support from the far left.

“Second Amendment is DEAD if Biden gets in! Is that what you want from a leader? He will destroy our Country! VOTE NOW USA,” the president said on Twitter.

Biden

Joe Biden blasts Green New Deal after defending it

The Green New Deal was back on the front burner Tuesday after Democratic presidential nominee Joseph R. Biden said that he doesn’t support the ambitious climate plan, immediately both before and after defending it. During the presidential debate, Mr. Biden said, “The Green New Deal is not my plan.” But a moment later, he said:…

During the presidential debate, Mr. Biden said, “The Green New Deal is not my plan.”

But a moment later, he said: “The Green New Deal will pay for itself as we move forward. You’re not going to build plants that in fact are great polluting plants.”

Moderator Chris Wallace interrupted, saying, “You support the Green New Deal?”

Mr. Biden replied: “No, I don’t support the Green New Deal.”

President Trump jumped in with, “Oh, you don’t? Well, that’s a big statement,” predicting that Mr. Biden had just lost “the radical left.”

Mr. Biden explained, “I support the Biden plan that I put forward, which is different than what [Mr. Trump] calls the radical Green New Deal.”

The exchange deflated environmentalists on social media who champion the Green New Deal, although Rep. Alexandria Ocasio-Cortez, the New York Democrat who sponsored the House resolution, insisted that, “This isn’t news.”

“Our differences are exactly why I joined Biden’s Climate Unity Task Force — so we could set aside our differences & figure out an aggressive climate plan to address the planetary crisis at our feet,” tweeted Ms. Ocasio-Cortez. “Trump doesn’t even believe climate change is real.”

In 60 seconds Joe Biden said he doesn’t support the Green New Deal… then he DID support the Green New Deal.
— Tim Young (@TimRunsHisMouth) September 30, 2020

This isn’t news, Kellyanne.Our differences are exactly why I joined Biden’s Climate Unity Task Force – so we could set aside our differences & figure out an aggressive climate plan to address the planetary crisis at our feet.Trump doesn’t even believe climate change is real. https://t.co/Bj8SMD9Syf
— Alexandria Ocasio-Cortez (@AOC) September 30, 2020

Mr. Biden’s running mate, Sen. Kamala Harris, is a cosponsor of the Green New Deal resolution in the Senate, the companion to the measure introduced by Ms. Ocasio-Cortez in the House.

The Biden campaign website says, “Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face,” although Mr. Biden’s $2 trillion climate plan is less ambitious than Ms. Ocasio-Cortez’s plan.

Mr. Biden’s plan calls for limiting but not abolishing hydraulic fracturing; replacing fossil fuels on the electrical grid by 2035, and achieving net-zero emissions by 2050.

— Guy Benson (@guypbenson) September 30, 2020