A federal investigation into President Joe Biden’s son could lead to an “unprecedented political” situation, according to a CNN analyst.
CNN’s legal analyst Elie Honig addressed the ongoing federal investigation into Hunter Biden’s business dealings on Wednesday.
“This is a very real, very substantial investigation of potentially very serious federal crimes,” he said
He explained, “We are seeing federal prosecutors in Delaware do exactly what you would expect to see federal prosecutors do in this situation.”
“I would expect…they’re now gaining steam, and they need to make a decision, I think, in the at least intermediate future,” Honig continued.
Finally, he said, “There is a realistic chance this could result in federal charges.”
“Of course, then we’d be in unprecedented political territory, not legal territory, but a situation of having potentially the Justice Department prosecuting and trying to imprison the son of the president,” he added.
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CNN: The federal investigation into Hunter Biden's crooked business dealings is a "very real, very substantial investigation of potentially serious federal crimes…There is a realistic chance this could result in federal charges."pic.twitter.com/yKAoMXPOGN
— Election Wizard (@ElectionWiz) March 30, 2022
CBS News reported that the investigation into the president’s son is “broader than previously known, with multiple sources telling CBS News the probe is exploring whether the younger Biden and his associates violated tax, money laundering, and foreign lobbying laws.”
Specifically, the outlet notes, “Business records reviewed by CBS News and documents released by Republicans in Congress indicate Hunter Biden and his firm were involved in multiple financial transactions with a Chinese energy company called CEFC. Republicans allege that the company is an arm of the Chinese government.
“In 2017, the year after Joe Biden left the vice presidency, an official with the Chinese energy company signed a $1 million retainer for Hunter Biden’s services as a lawyer,” it added.
In Dec. 2020, Hunter Biden revealed that he was under federal investigation for his “tax affairs,” as IJR reported.
At the time, Joe Biden’s presidential transition team released a statement that said he was “deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger.”
However, The New York Times reported earlier this month that while Hunter Biden paid off what it described as a “significant tax liability,” a grand jury was still probing his international business dealings.