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-Bessent Says Trump's Fed Chair Pick Could Happen Next Week - News Directory 3

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

January 20, 2026 Victoria Sterling Business
News Context
At a glance
  • 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.
  • 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...
  • In june 2024, a⁤ jury found Hunter Biden guilty on all three felony counts.
Original source: cnbc.com

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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