New revelations about Casey Owens, President Joe Biden’s niece and a former Treasury Department official, have sparked scrutiny regarding her involvement in discussions related to China Investment Corporation (CIC), China’s largest sovereign wealth fund.
During her tenure at the Treasury Department, Owens reportedly communicated with Hunter Biden and Eric Schwerin, a close business associate of Hunter Biden. This communication occurred in the context of efforts by Hunter’s company, Rosemont Seneca Advisors, to secure investments from CIC.
Owens, who served as a special assistant for the U.S.-China Strategic and Economic Dialogue, sent an email to Hunter and Schwerin in April 2020, sharing details about a CIC investment conference. This email shed light on her engagement with matters related to CIC while she held a government position.
Furthermore, a Tower Hill Bulletin article revealed that Owens and her team visited Beijing, China, in May 2010, led by then-Treasury Secretary Timothy Geithner. During this visit, Owens received a “small jade vase” as a birthday gift from Zhu Guangyao, China’s vice minister of finance at the time, who worked closely with Owens’ team during the U.S.-China Strategic and Economic Dialogue.
In another email exchange, Schwerin introduced Owens to Jack Casey, the vice chairman of Meridian Investments, a real estate company, indicating her involvement in discussions concerning government-sponsored entities (GSEs) and China.
Before her departure from the Treasury Department, Owens sent an email referencing then-Vice President Joe Biden’s statements from the opening session of the U.S.-China Strategic and Economic Dialogue. In the email, she expressed her admiration for her uncle’s remarks and referred to him as “Uncle Joe,” emphasizing her personal connection to the then-vice president.
These revelations raise questions about the extent of Casey Owens’ involvement in discussions related to China and investment matters during her tenure at the Treasury Department. Critics argue that her dual roles in government and potential connections to Hunter Biden’s business dealings warrant further examination to ensure transparency and adherence to ethical standards.
