Devon Archer, Friend of Hunter Biden, Set to Give Testimony on Capitol Hill Regarding Business Dealings and Alleged Involvement of President Biden
Devon Archer, a longtime friend and business partner of Hunter Biden, is scheduled to appear before Congress to provide testimony on his participation in various international ventures and the alleged involvement of President Joe Biden. Archer’s testimony before the House Oversight Committee has the potential to reveal important details about meetings he attended with both Bidens, whether in person or through phone calls, and how Hunter would introduce his father to foreign business partners and potential investors.
Background and Business Connections: Archer has a longstanding connection with Hunter Biden, including their shared roles on the board of Ukrainian natural gas company Burisma Holdings starting in 2014. Additionally, Archer played a key role in co-founding investment firm Rosemont Seneca alongside Hunter Biden and Christopher Heinz, the stepson of Climate Envoy John Kerry. Archer was also a co-founder of BHR Partners, a private equity firm backed by Beijing and operated in collaboration with Chinese investment firm Bohai Capital, which is controlled by Bank of China Limited.
Controversies and Legal Issues: Archer’s business dealings have been mired in controversies, including a federal investigation that led to his resignation from BHR Partners in 2016. In February 2022, he was sentenced to one year and a day in prison for defrauding a Native American tribal entity and investment advisory clients through deceptive means, according to the Department of Justice.
Expected Testimony and Significance: Archer’s upcoming testimony is of great interest to the House Oversight Committee as it investigates the possibility of Joe Biden leveraging his vice presidential position to secure foreign business deals for his family. The committee is also examining allegations of corrupt business practices within the Biden family enterprise.
Legal Troubles for Hunter Biden: Meanwhile, attention is also focused on the legal situation surrounding Hunter Biden. His plea deal for misdemeanor tax charges collapsed during a recent court appearance, leading him to plead “not guilty” and remain under federal investigation.
Despite speculation and leaks surrounding Archer’s testimony, his lawyer has confirmed his intention to provide testimony, offering firsthand insights into the matters under investigation. As the hearings unfold, the House Oversight Committee eagerly awaits Archer’s account of Joe Biden’s interactions with Hunter’s international business partners, adding another layer of complexity to the ongoing investigations.
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