• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Chinese donors funneled millions into university running Penn Biden Center during Biden presidency: report
Economy

Chinese donors funneled millions into university running Penn Biden Center during Biden presidency: report

by January 18, 2023
by January 18, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The University of Pennsylvania, which runs the Penn Biden Center in Washington, D.C., where classified documents were recently discovered from Biden’s time as vice president, has received millions from unnamed Chinese donors since Joe Biden became president, a new investigation found.

The university took $14 million from unnamed contributors in China and Hong Kong and $2.4 million from unnamed contributors in Saudi Arabia since 2021, the Washington Free Beacon first reported in a review of government records. Another $1 million was given to the university by a donor in the Cayman Islands to fund the Penn Wharton China program, according to the report. 

The money donated amid the Biden presidency adds to the $61 million Chinese donors have given the university between the years 2017 and 2020, according to previous Free Beacon reporting. 

President Biden’s lawyers turned over at least 10 classified documents located at the Biden Penn Center from his vice presidency to the National Archives in November, which was later revealed to the public in January. Two additional batches of classified documents were recovered by his lawyers at his Wilmington, Delaware, home.

The names of the donors are concealed by the Department of Education, which is required to report donations to universities it funds with federal dollars. The agency reportedly declined a request to provide the names. 

The White House and University of Pennsylvania did not respond to Fox News Digital’s requests for comment. 

Biden’s son, Hunter, is loosely tied to both locations where classified materials were recovered. Hunter, who has business in China, helped orchestrate the founding of the Penn Biden Center prior to its launch 2017 for after his father left office as vice president. Hunter also falsely claimed to own his father’s Wilmington, Delaware, property, where he has lived. 

Patrick Hauf is a politics writer for Fox News Digital.

This post appeared first on FOX NEWS
You Might Also Like
  • DeSantis to join 2024 Republican competitors at Sen. Ernst’s Roast & Ride fundraiser in Des Moines
  • McConnell, Feinstein health scares spark new set of questions for Congress
  • Mike Johnson bucks trend of House speakers owning high-dollar assets: ‘Man of the people’
  • McCaul threatens to hold Blinken in contempt of Congress for ‘withholding’ key Afghanistan documents
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Wisconsin Democrats call for controversial GOP elections official’s resignation over voting comments
next post
Rhode Island Gov. Dan McKee proposes broad tax relief in State of the State address

You may also like

Ocean Shipping’s Effect on Inflation was Negligible

December 14, 2022

Senate Dems overwhelmingly vote with GOP to overturn controversial DC...

March 9, 2023

German space commander warns Russian nuclear weapon could destroy ‘global...

February 19, 2024

Texas AG Paxton slams ‘Soros-backed’ prosecutor after jury convicts Army...

April 9, 2023

Wisconsin Supreme Court race spending tops $42M, Protasiewicz holds $6M...

April 4, 2023

Lawmakers blast Biden Gaza port plan as political move to...

March 15, 2024

DeSantis vows to use deadly force at border to stop...

June 27, 2023

North Dakota bill letting teachers ignore pronouns becomes law

May 9, 2023

House of Representatives stays in limbo after Jordan fails on...

October 19, 2023

Tuesday’s elections will be ‘fascinating test’ of whether Biden’s sinking...

November 8, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,633 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,321 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    DNC’s hellish abortion rituals celebrate death,...

    August 21, 2024

    AI on the front lines: Senate...

    July 25, 2023

    Israeli TV footage appears to show...

    October 19, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here