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-Bessent Says Trump’s Fed Chair Pick Could Happen Next Week

-Bessent Says Trump’s Fed Chair Pick Could Happen Next Week

January 20, 2026 Victoria Sterling -Business Editor Business

Hunter⁣ Biden Inquiry: Current ⁤Status (January 20, 2026)

Table of Contents

  • Hunter⁣ Biden Inquiry: Current ⁤Status (January 20, 2026)
    • Initial Charges and Legal Proceedings
    • Focus on foreign Business‌ dealings
    • Key Related Entities
    • Recent Developments (as‍ of January 20, 2026)

The federal​ investigation into Hunter⁣ Biden, son of President Joe Biden, remains ongoing as of January 20, 2026, focusing ‍on potential tax violations and⁤ foreign business dealings. while no new indictments have been issued since the initial charges in June‍ 2023, the investigation continues ⁢under the purview of Special Counsel David Weiss.

Initial Charges and Legal Proceedings

David Weiss, appointed as Special Counsel in August 2023, initially brought three felony charges against Hunter ​Biden in Delaware: two counts of failing to pay⁤ taxes and ‍one count of attempting to evade ‌taxes. the⁢ Department of ⁣Justice press release details these charges, stemming ‌from ‌income earned between 2016 ⁣and 2019. ​Biden⁣ pleaded not guilty‌ to all charges.

In june‌ 2024, a⁤ jury found Hunter Biden guilty on​ all three felony counts. NBC news reported on the verdict, noting the potential for a maximum sentence of 17 years in prison, though sentencing guidelines suggest a considerably lower penalty. ​Sentencing is currently scheduled for July 2026.

Focus on foreign Business‌ dealings

The investigation​ extends beyond tax issues to scrutinize Hunter Biden’s foreign⁢ business ventures,notably those‍ in Ukraine and‌ China. Congressional‌ Republicans have alleged that these dealings involved⁣ improper​ influence peddling by President ‌Biden, claims that have been consistently denied by the White House.

The House‌ Oversight Committee, led by Chairman James comer, has conducted investigations into ⁢these matters, issuing subpoenas for ⁣financial records and testimony. The committee’s website hosts numerous documents related to their investigation, including bank records and witness transcripts.However, ⁣the committee has yet to present conclusive evidence directly ‌linking President Biden to any illegal ​activity.

Key Related Entities

  • david Weiss: The Special ⁢counsel overseeing the investigation.Department of Justice biography of David Weiss
  • James Comer: Chairman⁣ of the House Oversight Committee. Official website of James Comer
  • Burisma Holdings: ⁢The Ukrainian energy company where Hunter Biden served⁢ on the board. Burisma Holdings official website
  • CEFC China Energy Co.: A Chinese energy company ‍with which hunter Biden ‌had⁢ business dealings. (Note: CEFC China‌ Energy Co. has faced scrutiny and its current operational status is complex; direct official links are limited.)

Recent Developments (as‍ of January 20, 2026)

Recent ​court filings⁢ indicate ongoing disputes regarding the scope of finding‍ in the case, with biden’s legal⁣ team challenging certain requests from the prosecution.Reuters⁣ reported on the discovery dispute ⁣in December 2025. Additionally, appeals related to the admissibility of certain evidence are pending before the Frist Circuit Court of Appeals.

The investigation⁤ continues to be highly politicized, with frequent ‌commentary from both sides of the political spectrum. Though, the legal proceedings are proceeding ⁣independently, guided‌ by the ⁢evidence and applicable laws.

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