Schwerin Transcript
Schwerin Transcript
Schwerin Transcript
9 WASHINGTON, D.C.
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19 Washington, D.C.
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22 The interview in the above matter was held in room 6480, O'Neill House Office
1 Appearances:
7 , SENIOR COUNSEL
9 , COUNSEL
11 , DIGITAL DIRECTOR
12 , GENERAL COUNSEL
13 , STAFF DIRECTOR
14 , COUNSEL
18 , MINORITY COUNSEL
3 , GENERAL COUNSEL
5 , COUNSEL
6 , COUNSEL
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2 Good morning.
6 inquiry and investigation into the Biden family's extensive receipt of money from foreign
8 Would the witness please state your name for the record?
11 for appearing here today. The committees appreciate your appearance for the
12 interview.
15 I will now ask everyone else in the majority and minority, committees, including
19 staff.
1 interview.
2 First, our questioning today will occur in rounds. The majority will ask questions
3 for 1 hour, and then the minority staff will also have the opportunity to ask questions for
4 the following hour. This will go on until we finish the rounds and we conclude with all of
5 our questions.
6 Typically, we take a short break at the end of each hour, but if you would like to
7 take a break apart from that, please just let us know and we're happy to accommodate
8 you.
9 As you can see, there are official reporters here. They are taking down
10 everything we say to make a written record, so we ask that you give verbal responses to
13 Mr. . To ensure that the court reporter can make a clear record, we
14 will do our best to limit the number of people directing questions to you during any given
15 hour to just those people whose staff turn it is to ask questions. So, if the majority is
16 asking questions, only majority staff or members should be asking you questions; same
17 with minority.
18 It's also important that we don't talk over one another or interrupt each other if
19 we can help it. So that goes for everybody that's here present today.
20 We encourage witnesses who appear before the committee to freely consult with
21 counsel if they so choose. It's my understanding that you are accompanied by counsel.
22 And counsel has already introduced themselves, so I won't ask you to state your names
24 We want you to answer our questions in the most complete and truthful manner
25 possible, so we will take our time. If you have any questions or if you do not understand
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1 one of our questions, please just let us know and we're happy to repeat it.
2 If you honestly don't know the answer to a question or do not remember, it is best
3 not to guess. Please give us your best recollection. And it's okay if you learned
4 information from someone else; just indicate how you came to know the information.
5 If there are things you don't know or can't remember, just say so, and please
6 inform us who, to the best of your knowledge, might be able to provide a more complete
8 You should also understand that, by law, you are required to answer questions
9 from Congress truthfully. There are various Federal criminal statutes that are relevant
11 perjury.
19 understand that?
22 necessary to make statements accurate. You are required to provide all information
23 that would make your response truthful. A deliberate failure to disclose information can
2 Mr. . Is there any reason you are unable to provide truthful answers to
3 today's questions?
6 sidebar or if there are any interruptions or interjections from your attorney or the
7 minority, the majority's time will be paused for the duration of those interruptions.
8 This is the end of my preamble. Is there anything the minority would like to add?
11 Mr. . Yes, sir. You are more than welcome to read in your opening
13 Mr. Schwerin. Thank you for the opportunity to say a few words before I answer
15 For those of you who were not present when I met with the members of the
16 House Oversight Committee staff on March 31st of last year, I want to provide some
19 I first came to Washington, D.C., in 1993 for graduate school and began working as
20 a career civil servant at the U.S. Department of Commerce in 1995, where I focused on
21 international trade issues. I continued working there through 2002, serving both
23 While working for the Commerce Department, I was detailed to the White House
24 under President Clinton to serve as liaison to the business community. It was during my
25 time working at the Commerce Department that I met and became friends with Hunter
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2 After I left the government, I joined Hunter Biden at a law and lobbying firm he
3 had co-founded, representing both not-for-profit and corporate clients. During this
4 time, I was also appointed by the Bush administration to serve on a Federal industry trade
6 In 2009, I co-founded Rosemont Seneca Partners along with Hunter Biden and
7 other colleagues from diverse backgrounds in business and financial services. Rosemont
8 Seneca Partners was a consulting and investment firm that offered business development
10 As I discussed with the Oversight Committee staff when we met last year, from
12 then-Vice President Joe Biden related to his household finances. I also helped him and
13 his accountants in their preparation of his taxes and his annual financial disclosure
14 statements.
15 In the course of performing these duties, I had the ability to view transactions
16 both into and out of Vice President Biden's bank accounts while he was Vice President.
17 Based on that insight, I am not aware of any financial transactions or compensation that
18 Vice President Biden received related to business conducted by any of his family
19 members or their associates, nor any involvement by him in their businesses -- none.
20 The Oversight Committee's letter to me from February 8th of last year said the
21 committee is, quote, "investigating President Biden's knowledge of and role in Hunter's
23 I cannot recall any requests for Vice President Biden to take any official action on
24 behalf of any of Hunter's clients or his business deals, foreign or domestic. In fact, I am
25 not aware of any role that Vice President Biden, as a public official or a private citizen,
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2 As it relates to my own interactions with Vice President Biden, I never asked him
3 to take any official actions for the benefit of Hunter's clients or any other client.
5 myself to any clients or business associates that his father would take any official actions
7 In my discussions with the Vice President concerning his personal finances, he was
8 always crystal-clear that he wanted to take the most transparent and ethical approach,
9 consistent with both the spirit and the letter of the law.
10 Given my awareness of his finances and explicit directions he gave to his financial
11 advisors, the allegation that he would engage in any improper conduct to benefit himself
14 Mr. . Yes, sir. The clock now reads 10:11 a.m. The majority's time
15 will start.
16 EXAMINATION
17 BY MR. :
18 Q I know you touched on a few of these issues in your letter with your
19 background, but we're just going to go back through it, if that's okay.
20 A Sure.
23 there. I went to The George Washington University and got a master's in international
24 affairs.
3 A I am not.
4 Q And, then, could you tell us about -- and, again, you touched on this in your
5 letter, but if you could just -- for the record, if you could go through some of your
9 Towards 1997, I went and started working directly for the Secretary of Commerce,
10 first in the Office of Business Liaison and then in the Office of Policy and Strategic
12 I was detailed in 1998, I believe, to the White House to work as the business
14 And I worked for 2 years for Secretary Don Evans in his policy planning staff,
18 together.
21 Q After the Clinton administration, can you explain to the committees how it is
22 that you developed a private business relationship with Hunter Biden, how that
23 developed?
25 We remained friends even after he left and I remained at the Commerce Department.
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1 He had left to start a law and lobbying firm, and we had discussions about me potentially
5 Q Yes, sir.
7 Q Did there come a time when you joined that lobbying firm?
11 lobbyist, yes.
16 different. There were some partners that were older at that time, and they were
17 thinking of -- we were trying to transition. We didn't think they were going to be around
18 much longer working in that firm, and so we decided that we wanted to do that and start
20 Q Okay. What was the firm that you initially started with Hunter Biden?
22 Q And Seneca Global Advisors, was it just you and Hunter Biden, or were there
24 A There were others involved. It was probably five or six of us, if I recall.
2 A So it was not until later, in 2009, that Seneca Global Advisors ultimately
3 merged with Rosemont Capital to form what was then called Rosemont Seneca Partners.
4 Q So, just so I have it, Seneca Global Advisors merges with Rosemont Capital to
10 A It was myself, Hunter Biden, Devon Archer, Chris Heinz, and a woman named
11 Arlene Busch.
13 A It was both an investment firm and also an advisory firm, and the advisory
17 Q And when you say it was an investment firm, what do you mean?
18 A There were a number of investments that the firm itself made and then
19 investment funds that were created. So Rosemont Seneca Technology Partners is one
20 example of that. So --
2 A Sure.
3 Q -- probably in the second hour, but I'm just trying to get an understanding of
5 Can you explain how Owasco, P.C., came into the picture as well?
7 was created in 2006. So it was prior to Seneca Global Advisors; that's when we were at
8 Oldaker Biden. And it was the entity that he used to hold his interest in the various
11 A Owasco, LLC, was created later. I don't remember the exact date, but, you
12 know, probably 2015-ish. And that was created on the advice of our accountant,
13 because, as Owasco, P.C., was a corporation, it was better to have an LLC that could hold
15 Q So it's fair to say Owasco, LLC, was a holding company for Owasco, P.C.?
16 A They were two separate entities, not related. They were solely owned by
20 starting Seneca Global Advisors that would hold our interest in Seneca Global Advisors.
21 And these were all created based on consultations with our accountants on the best way
22 to structure this.
23 Q These companies that I'm describing now -- so the ones you just
24 described -- is it fair to say that you would have at least access to the bank accounts for
2 Seneca Advisors. I think the Rosemont Seneca bank accounts -- I think the primary
3 access for that was through the New York office that we had.
4 Q But you had an understanding of wires being sent to those companies, for
5 instance, or for the money coming in, the cash flow coming in to those types of -- those
7 A Yes.
8 Q All right.
9 So those are companies that you're working with Hunter Biden. And you formed
13 Q But, primarily, that's kind of when these companies are forming, is the
15 A Yes.
16 Q Now, there are other companies I want to talk about very quickly that I don't
17 think you had access to and bank accounts that I don't think you were necessarily familiar
18 with, and I just want to confirm that before I talk about them.
19 So, first off, there is the Rosemont Seneca Bohai account. Did there come a time
20 when you became familiar with the Rosemont Seneca Bohai account?
22 Q Or, company.
24 Q And when you say "later on," that's because Rosemont Seneca Bohai was
25 later investigated by DOJ and the Feds for potential criminal wrongdoing, correct?
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1 A I think it was because Devon Archer was being investigated for criminal
2 wrongdoing, and he owned Rosemont Seneca Bohai, so they were looking at that entity
3 that he owned.
5 knowledge, does Devon Archer -- he was the one who was controlling the Rosemont
7 A That's correct.
8 Q And the same goes for Rosemont Seneca Thornton? That would've been
9 an account, based upon your knowledge, that Devon Archer was controlling?
10 A Yes. And I did not even know that that existed as an account at the time.
12 Q And then the same for Robinson Walker, LLC, account? You didn't have
13 access or visibility into that particular bank account either, did you?
14 A I did not.
15 Q And when it comes to the Lion Hall Group, did you have access into the Lion
17 A I did not.
18 Q Okay.
19 So the foreign money that the -- just so you're aware -- that the Oversight
20 Committee talks about, this $24 million we were able to trace to the Bidens and the Biden
21 business associates and $15 million that we traced to the Bidens, primarily most of it,
22 almost all of it, goes into these four bank accounts where you did not have visibility.
23 So it's fair to say that, while Hunter Biden was operating Rosemont Seneca
24 Advisors, Rosemont Seneca Partners, Seneca Global Advisors, you had access and visibility
25 into those, but you did not have access and visibility into Rosemont Seneca Bohai,
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3 BY MR. :
6 A Correct.
7 Q All right.
8 So it's fair to say, you didn't know that, for instance, Hunter Biden was getting --
9 Mr. William Farah. Can I object? You keep saying "it's fair to say," and I think
10 that's causing -- you're kind of leading him in this and characterizing his testimony. If
12 Mr. . I'll ask the question the way I want to ask the question. There's
13 no --
14 Mr. William Farah. But when you say "it's fair to say" -- when you say "it's fair to
19 Mr. William Farah. I don't think it's leading the witness. I think it's
21 Mr. . Using the term "it's fair to say" is a fairly common way to talk in
22 these deposition scenarios. If you don't like it, we can work it out on a
23 question-by-question basis.
25 BY MR. :
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1 Q Did you know that Hunter Biden was getting paid from Kazakhstan to pay for
5 A No.
6 Q And did you know that Elena Baturina sent over a $3 million wire to the
10 You did not know that there were certain wires that were sent -- million-dollar
11 wires, for instance -- to accounts that Hunter Biden was receiving the money -- you didn't
12 know about all of the money that Hunter Biden was receiving at the time?
14 went into Rosemont Seneca Biden (ph), I wouldn't say that Hunter Biden was receiving it.
15 It was an account that Devon owned. So Hunter was not receiving it through Rosemont
16 Seneca Bohai or the -- I don't believe Hunter had any ownership of the entities you
17 mentioned. So I'm not sure that I would agree that Hunter was receiving that money.
18 Q So you're saying that Hunter never received any of the Burisma money that
20 A I'm not saying that. I did not say -- I was -- you said Hunter received money
21 into Rosemont Seneca Bohai, that he didn't own it. It may have come out of Rosemont
24 A I was not.
1 Advisors, or any companies that you were affiliated -- ever paid by Burisma?
4 A Me personally?
7 I want to just make the distinction -- and I don't believe this is the case, but in
8 "paid," sometimes there are reimbursements and things like that that got -- not income
11 A Correct.
13 A Correct.
15 A Correct.
16 Q When did you become aware that Hunter Biden began serving on the board
17 of Burisma?
18 A He had first told me that there was a possibility that he would join the
19 Burisma board. I believe it was maybe 2 months before he actually joined. I did not
20 hear anything more about it until there was actually a press report and he had joined the
22 Q How did it come up that he told you he was going to join the board?
4 A I don't recall the location. Probably the office, but I don't know.
6 A He did not.
7 BY MS. :
9 So what was your understanding of Mr. Biden's role on the board of Burisma?
11 Q What was your understanding of Mr. Biden's role on the board of Burisma?
12 A That he was a board member. When he first told me about it, he said that
13 he was being -- that his role was focused on government and legal affairs.
14 Q And do you know how Mr. Biden was approached to serve on the board of
15 Burisma?
18 A Yes, correct.
19 Q And when did you learn that Mr. Archer served on the board of Burisma?
20 A I believe it was right around the same time -- you know, March/April 2014.
21 Q When Hunter told you 2 months before he was appointed to the board that
22 he kind of was thinking about whether or not to join the board, was that the first time
24 A Yes.
25 Q And did you ever discuss Mr. Biden's work with Burisma with him?
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1 A Ever?
2 Q Correct, ever.
3 A Yes.
5 A They mostly were related to, I think, more administrative, logistical things.
6 You know, I think we talked probably a few times when there were some press issues
7 related to Burisma -- I'm sure we'll get into that -- but it didn't go into any of the
9 Q And your understanding was that he was on the board to help with
11 A Governance.
12 Q Governance?
13 A Yes. Yes.
16 soliciting -- going to Western markets to solicit investment and, at that time, needed
17 advice on how to structure a board that was going to be compliant and that would be
19 Hunter, at that time, was of counsel to Boies Schiller, and I know that he
20 encouraged them to hire Boies Schiller to help with a lot of those functions.
21 Q And did you ever get a sense of how much Burisma was paying Mr. Biden for
23 A Yes, I did.
24 Q And when did you become aware of how much he was paid?
25 A I think soon after he joined, he told me about it and we had a discussion, and
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2 Q And how much did he tell you he was getting paid by Burisma?
4 But there was also a finder's fee that he and Devon were paying to somebody who
5 helped -- I later learned -- who found this position, who ultimately Devon had -- was
6 referred to by Devon to get this position. So it was a little less than a million a year,
8 Q And the finder's fee, did you ever get a sense of how much that was that
10 A I don't recall specifically. I believe it was a third, but I'm not sure.
11 Q And do you know who they were paying that finder's fee to?
13 Q And did you know Alex -- I didn't hear the last name -- Ko-
16 A I did not know who he was. Somebody that Devon had known.
19 Q During Mr. Biden's tenure on the board of Burisma, did his payment ever
22 Q And what can you tell us about that reduction in his pay?
23 A Not -- I --
25 A Oh. I don't recall. It was probably a year or two into it, into the
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1 representation.
2 Q And were you involved with the negotiations regarding the new fee?
5 Q Okay.
6 And I'll enter the email with the new agreement as exhibit No. 1. It's a March 19,
7 2017, email from Mr. Pozharsky to Mr. Biden and Mr. Schwerin.
8 Mr. . Why don't we make the statement 1 and this 2? I'm sorry.
14 Mr. William Farah. Can you tell us the source of this document, please?
16 in the New York Post dated May 26, 2021, titled, "Hunter Biden's Ukraine salary was cut
20 Mr. William Farah. I don't see how we can respond to questions about this
5 BY MS. :
6 Q Do you remember receiving -- have you had sufficient time to review? I'm
7 sorry.
10 A Yeah.
11 Q And was this the correspondence you were referring to when you said you
13 A Yeah, I don't remember this exact email, but, as I said, I do remember that I
17 responsibilities was the board of directors. So he was the point person to be the liaison
19 Q And before receiving this email on March 19, 2017, had you ever engaged
24 Q Okay.
25 And so, if you look at the top of the email there, it says, "Hope you are well."
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1 This is from Mr. Pozharsky. "Following several communications with Eric, please find
2 attached the new director agreement for execution, as well as the resignation letter (that
3 we ask all our directors to sign as per our usual practice) and the correspondent BoD
4 resolution."
5 Are you the -- I'm assuming you are the "Eric" in this paragraph. Is that correct?
7 Q And had you had several communications with Mr. Pozharsky before this
9 A I believe so. I don't recall the specifics of it. I believe that, at the time,
10 Vadym was trying to connect with Hunter directly and he was not able to do so, and then
12 Q And when you spoke to Mr. Pozharsky when he couldn't get a hold of Hunter
13 Biden, did you discuss the new agreement? Did you discuss the new compensation?
15 Q Okay.
16 Mr. . Do you think his compensation was being reduced by half because
18 Mr. Schwerin. My recollection at the time -- I don't recall why they were doing
3 Mr. . Did you ever have any communications with Hunter Biden that his
4 salary was being cut in half because his dad was no longer the Vice President?
12 BY MS. :
13 Q And at what point in time did you talk to Hunter Biden about this new
14 agreement?
15 A Probably -- I don't recall, but I'm sure fairly soon after this.
16 Q And did you discuss with him that his salary would be cut in half from
17 Burisma?
22 Mr. William Farah. Well, if you could ask a question, rather than referring him to
23 the document, because, again, we don't know if this is an authentic document or not.
24 Ms. . Yeah, I'm going to read part of the email into the record, and then
25 I'll ask him a question about that specifically and ask if he remembers.
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2 BY MS. :
3 Q So, in the third paragraph, it states, "Unfortunately, Hunter and I didn't get
5 very much interested in working closely together, and the remuneration is still the
6 highest in the company and higher than the standard director's monthly fees. I am sure
12 Mr. Pozharsky you discussed this 2017 director's agreement and the reduced
13 compensation?
15 Q And did you have an understanding of how Mr. Biden's salary from Burisma
20 Q And do you know if Hunter Biden was providing more services than other
21 directors to Burisma?
22 A I don't know.
23 Q In the email, Mr. Pozharsky -- I read this as one of the first excerpts. It
24 stated, "that we ask all our directors to sign as per our usual practice."
25 Do you know if every year he was asked to sign a new director's agreement?
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2 somewhat regular basis. Whether a 1-year or 2-year, I'm not sure. I don't know.
3 Q And was this your only involvement with any of the director's agreements
6 Q And you said that the only reason you were involved with this specific
7 director's agreement was because Mr. Pozharsky could not get a hold of Mr. Biden?
9 Q Did you have a sense, when Mr. Biden received money from Burisma, did it
10 go directly into his personal bank account or did it go into a different account?
12 think -- that would be April/May 2014 to, I believe it was, 2015 or 2016 -- now I'm trying
14 At the point when -- prior to -- right prior to Devon's indictment, we switched it,
15 and so then the invoices and the billing all went to Owasco, P.C.
17 A I don't know. It was something that I assume Hunter and Devon discussed.
19 Q And so, when the money went into the Rosemont Seneca Bohai account,
20 then did it go directly from Rosemont Seneca Bohai into Mr. Biden's personal accounts?
21 A The -- and this was all -- I only learned about this after -- and this was right
23 Q Uh-huh.
24 A But Hunter did not draw down the amount of money from Rosemont Seneca
25 Bohai. So it didn't -- you know, if there was a payment of $25,000, just using that as an
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1 example of a number, into Rosemont Seneca Bohai, Hunter didn't get $25,000 out. I
3 Q And do you know if the Rosemont Seneca Bohai entity -- did it make any
5 A I didn't know it at the time. After the fact, I think they did make, like, an
6 investment in one -- I know there was one company called, like, American Well or
8 Q And when you say that Hunter Biden would draw it down, did that mean
9 that that money would then go into his personal bank account?
10 A Yes.
15 Mr. William Farah. -- know what's taxable income and what's not.
17 BY MS.
18 Q Okay.
19 And then you said, after Devon Archer's indictment, or prior to his indictment,
21 A Correct.
22 Q -- that correct?
23 A Yes.
24 Q And can you explain why you changed it -- or Hunter Biden changed it to go
2 that Rosemont Seneca Bohai account was active anymore because of the investigation
3 into Devon.
4 Q Uh-huh.
6 Q And when did you begin helping or assisting Mr. Biden with the money that
9 Q When did you become involved with helping Mr. Biden with his finances?
13 A Yeah.
15 A Okay.
16 That would probably date back to our time at Oldaker, Biden & Belair, like -- I can't
17 remember -- 2004 or '05, even 2006. Just, I've always sort of helped in general, to help
18 him organize his finances and make sure he had all the documents that he needed to file
20 Q And I know you kind of gave a brief explanation of what you did to help
21 Mr. Biden with his finances. Can you give us any more color on what actions you took,
23 Mr. William Farah. Which "Mr. Biden" are you talking about here?
1 Mr. Schwerin. Yeah. I mean, we had our business entities and personal
2 accounts. We all had the same accountant that we worked with. And so a lot of the
3 business income flowed into Hunter's personal information, so I would work with the
4 accountants to help them organize that. Our office helped Hunter -- with his assistance,
6 But, you know, in general, had an awareness of the money that was -- any money
7 that Hunter was receiving, and making sure that that was all organized and sent to the
9 Mr. Jordan. Did you do it for everyone in the company, or did you just do it for
10 Hunter?
12 Ms. . And I'll mark as exhibit No. 3 -- this is a January 16, 2017, email from
13 Mr. Schwerin to Hunter Biden. And this was produced to the Ways and Means
17 Mr. William Farah. And you said this was produced by the whistleblower?
18 Ms. . Correct.
19 Mr. William Farah. What form was it? Was it an affidavit or a declaration?
22 Mr. William Farah. So -- and the whistleblower produced this based on what
25 Special Agent Joseph Ziegler, were both working on the Hunter Biden investigation for the
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1 IRS. And so they had access to these documents per that investigation, and they
2 produced them to the Ways and Means Committee. And the Ways and Means
4 BY MS. :
7 Q And, Mr. Schwerin, did you send this email to Mr. Biden as part of how you
12 Q Okay.
13 And we'll take a look at the second line there. It states, "In 2014, your taxes
15 Do you know where the increased amount of income came from? Do you have a
18 Q Yes, sir.
20 was this was while Hunter was going through his divorce, and he asked for, sort of,
21 readouts that he could use to interface with his attorneys and his soon-to-be-ex-wife's
22 attorneys.
23 In the process of -- again, right after Devon was indicted and we sort of did some
24 forensic accounting of what was going on with Rosemont Seneca Bohai and worked with
25 tax attorneys, this was based on advice provided by those tax attorneys based on the
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5 Mr. Jordan. I think the question was, where was the source of the income
6 that -- the gulf between the 800,000 number and the 1.2 million number? Do you know
8 Mr. Schwerin. Yeah. I mean, I think it -- it says here too. It's Burisma.
10 BY MS. :
12 A Yeah.
13 Q It says, "In 2014 you joined the Burisma board and we still need to amend
14 your 2014 returns to reflect the unreported Burisma income. That is approximately
17 A Yes.
18 Q And do you know why Hunter Biden failed to include the additional $400,000
20 A I don't -- it was based on a review that we had done, along with these tax
21 attorneys, of what the transactions with Rosemont Seneca Bohai were. And their
22 recommendation was that he amend. But it was also -- it was based on limited
23 information we had at the time, but that was what the recommendation was.
24 Q And following you sending this email, did you take any actions to assist
1 A No.
2 Q Okay. And was this the end of your engagement on Mr. Biden's 2014
3 taxes?
4 A The 2014 taxes had already been filed, and I -- yes. But, other than this
5 reminder -- I don't know if there were other reminders -- but that was the extent of it.
6 Q And I want to go back and focus on Hunter Biden's tenure on the board and
7 events that were happening during that time period and your involvement with Burisma
9 A Uh-huh.
10 Q So were you aware at the time that Hunter Biden joined the board of
11 Burisma that the company's owner, Mykola Zlochevsky, was under investigation?
14 A I think it was first through some -- a press report at some point that that was
15 the case. And that was my first -- I believe that was my first awareness.
18 Q And did you ever have the occasion to meet Mr. Zlochevsky?
19 A I did not.
21 A I did not.
24 Q And you had said earlier that you did correspond with the corporate
1 A That's correct.
2 Q And you said you met him in person a couple of times, you believe?
3 A I believe, yes.
5 A I don't.
6 Q Do you ever remember meeting Mr. Pozharsky at Cafe Milano for dinner?
7 A I did not.
9 A Well, I think I know what you're responding to, but maybe you could be
11 Q Yes. So there was an early Cafe Milano dinner in 2014 where the Vice
12 President stopped by. Hunter Biden was there and some of his business associates, as
13 well as some of his foreign business associates, including Mr. Pozharsky. Did you attend
14 that dinner?
15 A I did not.
16 Q And there was another dinner on April 28th -- or, not April 28th, but -- in
17 April of 2015 at Cafe Milano. Do you remember attending a dinner around that time?
19 Q The Vice President, Mr. Biden -- Hunter Biden -- some of his business
22 Q Okay.
23 Did you ever get a sense of who all was on the board of Burisma?
24 A I did know -- yes, I knew the names of people who were on the board, sure.
25 Q Okay. And did you know that a former Polish President was on the board
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1 of Burisma?
2 A Yes, I did.
3 Q And you said you understood that Mr. Archer was on the board as well?
5 Q Do you know if Mr. Archer and Mr. Biden -- Hunter Biden -- began their
7 A Yes. I believe it was -- maybe there was a month difference or so, but,
9 Q Did you ever obtain an understanding of what Mr. Zlochevsky was under
10 investigation for?
13 Q Okay. Did you ever become aware that a U.K. court, a British court, had
16 Q And, then, based upon some actions by the Prosecutor General's Office in
17 Ukraine, which was being led by Prosecutor General Yarema, the assets were unfrozen.
21 A I don't recall.
22 Q And, then, after Prosecutor General Yarema, there was a new Prosecutor
1 A Other than knowing there was one, I did not follow it with any more
3 Q And did you ever discuss the investigation with Mr. Biden -- Hunter Biden?
4 A I don't believe so. If I did, it was probably just in the context of, you know,
6 Q And did you ever speak with Mr. Archer about the investigation?
9 Pyatt, gave a speech where he pushed the Prosecutor General's Office to prosecute
12 conversations or hearing about it from -- you know, whether it was Devon or Hunter, I
13 don't recall.
15 about the contents of Ambassador Pyatt's speech? Or what did you discuss?
19 Burisma, was getting updates about the investigation? Or what was his knowledge, if
20 you know?
22 Q And then at some point you and Mr. Archer and Mr. Biden began engaging
25 think --
39
1 Q Uh-huh.
4 A Yeah.
5 Q -- when was the first time that you ever engaged with Blue Star Strategies?
6 A As a firm as a whole?
7 Q Correct.
8 A Probably when they were -- when it was -- at inception. I knew both Sally
9 Painter and Karen Tramontano from -- I knew Sally from the Commerce Department, and
10 I knew Karen from the Clinton White House. So they had become friends of mine. And
11 so I knew -- you know, we had stayed friends and engaged since then, and so I obviously
12 knew what types of work they did and that they had an entity called Blue Star.
13 Q And, then, do you know how Mr. Archer got introduced to Blue Star
14 Strategies?
16 European bank, and I had suggested to Devon that he talk to either Karen or Sally,
17 someone at Blue Star, because they had an expertise in Europe, and I thought before he
18 joined he should talk to them and get their advice on whether it made sense or not.
19 Q And when did the engagement -- did you ever reach out to Blue Star
21 A From my recollection, it was Devon who first -- because he had been talking
23 Q Uh-huh.
25 representing Burisma. I think I heard about it pretty soon afterwards. But that's, I
40
2 Q And was there a request from Burisma to either Mr. Biden or Mr. Archer that
5 recollection is, it may have come more from someone like Devon, because there was
7 Q Uh-huh.
8 A -- and there was a thought there was a need for a crisis communications
9 firm, which was one of the things that Blue Star did.
11 A I think there was some bad press surrounding the owner of Burisma, I
14 A Yes, correct.
15 Q And when did you become involved with Blue Star Strategies in relation to
16 Burisma?
17 A I think it was shortly after Devon had suggested that they become engaged.
18 I -- my recollection -- the only recollection I have in that part of the engagement is that I
19 got looped in as there was some negotiations going on related to the agreement.
20 Q Uh-huh.
21 A It was not Devon's -- Devon's experience was much more in finance and Wall
22 Street, and it was not his experience, really, how some of these advisory consulting
23 contracts were put together. And so, because I could sort of -- I became a go-between,
24 sort of, between Devon and Sally and Karen, and Devon was also talking to Burisma. So
25 that's how.
41
1 Q And when you say you were "looped in," because of your experience doing
3 A Yeah, since most of my work was for Rosemont Seneca Advisors, which was
4 the advisory business that we had had. So I think Devon asked me to sort of help with
5 that.
6 Q Okay. And I just want to make sure that it's clear. So you were the
8 A I believe so. I also think that there were a series of emails where Vadym
13 BY MS.
14 Q This is a November 2, 2015, email from Mr. Archer to Mr. Schwerin that
15 CC'ed Mr. Biden, and the subject line is "Revised Burisma Proposal, Contract and Invoice."
16 And this was another email that was produced by the IRS whistleblowers to the
17 Ways and Means Committee, and the Ways and Means Committee has since made these
18 documents public.
22 Q So, if you turn to the second page of the exhibit, at the very bottom, it is an
23 email from Jesica Lindgren to Mr. Archer. And it says, "Dear Devon, please see attached
24 our revised proposal, contract and initial invoice for Burisma Holdings. Please let us
2 Is that correct?
4 Q Okay.
5 And if you turn to the first page, at the very bottom, there's an email from
6 Mr. Pozharsky. It's to Mr. Archer, with you and Mr. Biden CC'ed.
7 That paragraph, it says, "Hope you are well. Thank you for the docs provided. I
8 have analyzed them most carefully and came up with the following observations: the
9 first thing is that the suggested scope of work is largely lacking concrete tangible results
10 that we set out to achieve in the first place, mostly focusing on the process. Also, it
11 doesn't offer any names of top US officials here in Ukraine (for instance, US Ambassador)
12 or Ukrainian officials (the President of Ukraine, chief of staff, Prosecutor General) as key
14 Do you know what concrete, tangible results Burisma was looking to achieve
17 Q Did you ever become aware of what the goal of hiring Blue Star Strategies
19 A I mean, I've since reviewed some of the stuff. I don't recall whether I knew
21 Q And when you became aware of what the goal was for hiring Blue Star, what
25 A I can't speak to what they -- what they thought it was. I don't know.
43
1 Q Did you ever get an understanding of why Burisma hired Blue Star
3 A The recollection I have is that it was much more done at the -- that Devon
4 was much more interested in hiring Blue Star and convinced Burisma that it's something
5 that they should do, rather than Burisma wanting to do it and having a specific goal in
6 mind to do that.
13 communications role. I mean, there was definitely some, as I said, some bad press
17 BY MS. :
18 Q And in the last part of that paragraph, it says, "as key targets for improving
20 In this email exchange, did you ever understand what Mr. Pozharsky meant by
25 A I mean, I --
44
2 Mr. Schwerin. Yeah. The general sense I had on why Blue Star was engaged
3 was from a crisis communications role; that, you know, from the U.S. perspective, there
4 was concern that there was some bad press around the owner of Burisma. So that was
6 BY MR. :
7 Q Do you know if they were going to interact with the State Department
10 Q And do you know if they did interact with State Department officials on
11 behalf of Burisma?
12 A I later learned, I mean, that there were some meetings that they did have at
15 A I didn't know that at the time, and I don't know -- I was not intimately
16 involved to know why that might have been later on in their representation.
17 Q So, if they're not going to interact with the State Department, I mean, what
18 type of crisis communications advisory services can they provide? I mean, this is an
19 individual based overseas; it's an overseas entity. What's some Washington, you know,
20 strategic affairs --
21 Mr. William Farah. Are you asking him as an expert witness? Are you asking --
22 Mr. . No, he's not an expert witness. What are you talking about?
23 Mr. William Farah. You're asking what services could they have provided.
25 BY MR. :
45
2 mean, what type of crisis communications are they going to provide for a company in,
4 A Yeah. My familiarity with Blue Star Strategies was that they had clients in
1 [11:02 a.m.]
2 Mr. . Okay.
3 Mr. Schwerin. And I also knew -- one thing that I thought was that was part of
4 their investigate -- their -- not investigate -- their engagement -- was that they were going
5 to try and understand better what these allegations were and how to respond to them.
7 The last line of the paragraph that was read to you that mentions "key targets for
8 improving Nikolay's case," and you basically said you didn't have any knowledge about
9 Nikolay's case.
13 mischaracterize it.
14 What did you mean, your comments with regard to "key targets for improving
20 Mr. Bishop. No, I realize that, but he answered a question directly related to
21 that language.
23 what Nikolay -- "improving Nikolay's case" was? I mean, you read this, I assume, at the
24 time.
25 Mr. Schwerin. I don't recall reading that piece of it. I got engaged specifically
47
1 on -- at the top here. So I don't recall whether I was -- recall any of the specifics of that.
2 Mr. Biggs. So you don't recall ever talking about something that might be
3 alluded to, "key targets for improving Nikolay's case"? You don't remember anything
5 Mr. Schwerin. My goal -- my recollection of the goal in trying to get this contract
6 done was that Blue Star was a firm that I knew well and trusted; that there was bad press
7 surrounding Burisma. I knew that if they got engaged that they were people, someone I
8 trusted, that would be able to help deal with that issue. And so beyond that, the level of
10 Mr. Biggs. Okay. So I guess my question for you is, otherwise, knowing that
11 there's bad press surrounding him, you're trying to facilitate a contract, but otherwise
12 you weren't curious as to what was the genesis of the bad press?
13 Mr. Schwerin. I knew that there were allegations against the owner of Burisma.
14 Because I was not involved day to day with Burisma, I did not know
16 I was hopeful that by engaging Blue Star, they were a group that I trusted, to know
17 that they could come back and say here's what's really going on.
19 Mr. Biggs. Okay. And so when you say you knew these were allegations, you
20 didn't know specific -- any specifics at all what those allegations consisted of?
21 Mr. Schwerin. No. I think I said before I -- there were allegations that I
22 understood that the owner of Burisma had potentially mis-acquired oil and gas licenses.
23 And I was aware -- I also was aware there was something about $23 million in the U.K., I
25 But I didn't have the ability to get any more information beyond that, and I didn't
48
2 Mr. Biggs. And you don't recall reading after really the -- that particular
5 BY MS. :
6 Q Did you ever have any discussions with Mr. Hunter Biden or Mr. Archer
7 about the consequences or the effects that the ongoing investigations of Mr. Zlochevsky
10 recollection was I would have had conversations with either Devon or Hunter that this
12 Q And when you mean not good press for them, what did you mean by that?
13 A That they were on the board of a company where there were allegations
15 Q So they were worried how that would reflect upon them, meaning Mr. Biden
17 A I don't know if they were worried. It was something that I thought was not
19 Q Did you ever have any discussions with Mr. Pozharsky about the effects that
21 A I don't recall.
22 Q And so turning back to the email here. In the paragraph that we were just
23 looking at it talked about how Mr. Pozharsky said how the proposal lacked concrete
25 Then, if you turn to the second page, the first paragraph, it says, "If, however, this
49
1 is done deliberately to be on the safe and cautious side, I can understand the rationale."
2 Did you understand what Pozharsky meant by "the safe and cautious side"?
4 Q And you used that same phrase in your response to Mr. -- well, it looks like
5 it's in response to Mr. Archer and Mr. Biden on the first page.
6 You say, "I would tell Mr. Pozharsky that this is definitely done deliberately to be
7 on the safe and cautious side and that Sally and company understand the scope and
8 deliverables. And that we will be having regular (daily, weekly, monthly) opportunities
10 scope."
15 What I do recall from the time was, you know, my personal -- I was not being paid
16 by Burisma. So my interest was much more in, you know, what was going on
17 press-wise, and my interest was just getting this contract in place so that Blue Star could
18 get to work.
19 Q And do you remember what you meant by your use of "to be on the safe and
20 cautious side"?
22 this are normally written. I think my recollection is that Vadym or Burisma wanted, you
24 I know, having done a lot of the advisory work, that it doesn't make sense from
25 the consulting point of view to have specific lists of things to do because until you can get
50
1 in there and understand more about the project, you don't want to have a, you know,
2 one specific goal. It might change a month later, 2 months or 3 months later.
3 And so I know from my experience in dealing with clients that it's not useful from
4 their point of view, from the consultant's point of view, to lock yourself into or make
5 the -- have the client believe that you're going to be doing something, you know, have
7 Q And in the next couple of sentences in that paragraph, it says, "And if all
8 parties in fact understand the true purpose of the BS engagement and all are our joint
9 efforts, it's okay and we should proceed immediately. My only concern is for us to be on
11 A Yeah, yeah.
12 Q Did you know what Mr. Pozharsky meant when he said "our final goals"?
13 A I don't recall.
14 Q Do you remember if everyone got on the same page regarding the final
15 goals?
16 A I don't recall.
17 Q And then further down on that page, in the last paragraph of that email, it
18 says, "The scope of work" -- this is Mr. Pozharsky -- "The scope of work should also
21 with and bring positive signal/message and support on Nikolay's issue to the Ukrainian
22 top officials above with the ultimate purpose to close down for any cases/pursuits against
23 Nikolay in Ukraine." Then it says, "Looking forward to your feedback," and he signs off.
24 Why did Mr. Pozharsky want Blue Star to arrange for current or former U.S.
1 A I don't know why Vadym would have thought that. I don't know.
2 Q And when you read this portion of the email where it says that "aiming to
3 conduct meetings with and bring positive signal/message and support on Nikolay's issue
4 to the Ukrainian top officials above with the ultimate purpose to close down for any
5 cases/pursuits against Nikolay," did you have an understanding of what the ultimate
6 purpose was?
7 A No. I didn't -- you know, Burisma may have had plenty of ideas about why
8 they wanted to engage. That was not my interest. That was not -- again, I wasn't paid
10 In getting Blue Star engaged, I thought ultimately they could help get to the
11 bottom of what, you know, these allegations were, whether they were true or not.
12 That was my interest in it. I feel like I probably ignored whatever Burisma was
13 saying because I wanted somebody that I trusted to help figure out if what they were
15 Q And during your engagement with Blue Star in relation to Burisma, did you
16 ever come to learn or know that the ultimate purpose for Burisma of hiring Blue Star was
18 A I don't believe so. I mean, I don't know what Burisma's ultimate goal was
19 in that.
20 Q And returning to your response on the first page, you said, "We'll be having
23 Did Blue Star reengage with you, Ms. Painter, or Ms. Tramontano about how the
25 A I think occasionally I got general updates on, you know, if there was
52
1 something specific about the, you know, the legal case, something had been solved or not
2 solved. I think Sally or Karen would let me know about that. But that was very
3 infrequent.
4 Q And when you engaged with Blue Star, was it always with Mr. Archer and
5 Mr. Biden?
8 A Ask the question again. I'm not sure I know what you're asking.
9 Q So when you engaged with Blue Star on the Burisma issue, was it always with
13 A I mean, there were some communications that Karen or Sally would have
15 Ms. . And the majority's hour's up. So we'll go off the record.
16 [Recess.]
18 EXAMINATION
19 BY MS. :
23 I will try to keep my questions as succinct as possible, but there's a chance I might
24 ask to you repeat some things that were in your statement or that you testified about in
25 the earlier hour just to make sure we have a clean record. So I appreciate your patience
53
1 on that.
2 Also, today we've covered a span that has included Joe Biden being a Senator, Vice
3 President, President, a private citizen. So I'm going to refer to him as Joe Biden. It's
4 not a sign of disrespect in any way. It's just to make the transcript a little bit cleaner.
5 So, Mr. Schwerin, you testified that you became friends with Hunter Biden during
7 A Yes.
9 A Yes.
10 Q So when Joe Biden was elected Vice President in 2008, you'd known him for
12 A Correct.
13 Q And in your statement you noted that you started handling some of the
14 bookkeeping and administrative tasks for Joe Biden shortly after he became Vice
16 A Correct.
19 Previous, when he was a Senator, he was just living in Delaware and commuting back and
20 forth. When he became Vice President, he now was going to be in D.C. much more and
22 And, in addition, I think he had found out that Secret Service would be reviewing
23 all of his mail. There would be delays in the mail, which included bills and things
24 coming.
25 So he was looking for some help to sort of get reorganized in his personal finances
54
1 in a way that would help him in this new environment that he had.
2 So I sat down with him and sort of helped walk him through it so we could get
3 things on auto pay, set up his accounts in a way that we have one account where all the
4 household finances were coming out of and we had a couple of accounts that were more
5 savings accounts, that were for discretionary spending. But to sort of help him organize
6 and put together that setup and then help monitor the bills, make sure that everything
8 Q So you were helping him stay responsible for the day-to-day personal
10 A Correct.
12 A Yes, correct.
14 Why did you agree to take on this role for Joe Biden?
15 A I was good friends with Hunter. I had gotten to know then-Vice President
16 Biden well over that 10-year period before that. He had asked to do it as a favor. It's
17 something that I had been doing for Hunter and so for the business. I knew it was
18 something that I could do pretty easily. I knew that they needed somebody that they
20 They were looking for somebody also that was in Washington, D.C. So there was
21 sort of a narrow group of people. It sort of seemed obvious to me that I should -- could
22 be helpful.
25 Q And you weren't expecting any political favors for taking on this role,
55
1 correct?
4 managing the books and doing these administrative tasks for Joe Biden, correct?
5 A Correct.
6 Q And during those 8 years, did you ever witness Joe Biden engage in any
7 illegal activity?
8 A I did not.
10 A I did not.
12 A I did not.
13 Q And was it your opinion in these engagements with Joe Biden that he tried
15 A Yes.
16 Q And it was never your understanding that money coming into Joe Biden's
18 A That's correct.
19 Q And in performing these services for him, did you have to communicate with
21 A Yes.
22 Q So would this entail regular communications like emails or phone calls, for
23 example?
24 A Yes.
2 A That's correct.
3 Q And you never discussed how Joe Biden's policy decisions would impact your
5 A That's correct.
6 Q And you're not aware of Joe Biden taking any official actions to advance his
8 A Correct.
9 Q And you never tried to elicit political favors from Joe Biden during this time
11 A Correct.
12 Q And to the best of your knowledge, Hunter never asked his father for such
14 A Correct.
15 Q And during this time did you ever witness Hunter's business associates
17 A I never did.
18 BY MS. :
19 Q Okay. Mr. Schwerin, I want to turn back to what's been marked as exhibit
20 3.
21 A Okay.
22 Q It's the January 16th, 2017, email describing certain tax liabilities that
25 Q It's the --
57
5 BY MS. :
6 Q You said in the earlier hour that you sent this email because Hunter Biden
7 was going through a divorce and he needed help understanding his financial situation.
10 Q Okay. And, in fact, you regularly helped Hunter Biden manage his financial
14 A Complex, yes.
15 Q Complex.
16 A Yes.
17 Q And they were complex, and Hunter Biden was a busy individual, correct?
18 A Correct.
19 Q In the prior hour, you were asked a number of questions about the 2014 tax
20 liability and the question about the recommendation that the liability be amended.
21 Are you familiar with the events that were going on in Mr. -- in Hunter Biden's life
23 A Yes.
25 A Even starting back to August of 2013 was when his brother, Beau, was
58
1 diagnosed with brain cancer and was told he had 15 months to live. And so I guess from
3 During that time Hunter was away a lot to care for his brother, go to Houston to
4 take him for medical appointments, he's go back and forth to Delaware. He obviously
5 was very concerned about getting to spend as much time with him as possible.
6 Hunter was also at the same time he had been in and out of recovery from alcohol
7 addiction at that time. So between those two things, there was just a lot going on. I
9 Q And is it fair to say that Hunter Biden was focused on Beau Biden's illness
10 and ultimate death, as well as his substance abuse issues, more than his finances?
11 A Yes.
12 Q And is it fair to say that in light of his focus being on his personal situation,
13 he might not have been tracking what money was being paid to him when?
14 A Correct, yeah.
16 wasn't distracted, he still needed help because his complex -- his finances were complex.
17 A Yes, correct.
18 Q Okay. I want to turn to the discussion that we had earlier about Blue Star
19 Strategies.
20 Taking a couple of steps back, and I know you said some of this in the earlier hour,
21 but, as Larson said, I'm going go through it a little bit again just to make a clean record.
23 A I don't know exactly. I believe it was when -- either the tail end
24 of -- probably when I was in the White House, I would say. So that's 1998.
25 Q Okay. And she was the -- she is now the CEO of Blue Star Strategies,
59
1 correct?
2 A Correct.
4 A Correct.
5 Q And Sally Painter, same thing. You met her in the late '90s, correct?
8 A Correct.
10 A Correct.
12 to say?
13 A Yes.
14 Q And I think you said she had particular expertise in Central Europe.
15 A Correct.
17 A Yes.
18 Q Okay. Is it fair to say that you introduced Devon Archer to Ms. Tramontano
20 A Yes.
21 Q Are you aware that Ms. Tramontano and Ms. Painter testified before the
23 A Yes.
1 Q During her testimony, Ms. Tramontano said that she never spoke with Joe
4 A I do not.
5 Q Okay. Ms. Painter also said that she never had a conversation with Joe
6 Biden about Burisma. Do you have any information to contradict her statement?
7 A I do not.
8 Q Okay. Ms. Tramontano also said that Vice President Biden never directed
9 any of her actions with respect to Burisma. Do you have any information to contradict
10 that statement?
11 A I do not.
12 Q And Ms. Painter also said that Vice President Biden never directed any of her
13 actions with respect to Burisma. Do you have any information to contradict that
14 statement?
15 A I do not.
16 Q Do you have any information to suggest that Vice President Biden ever took
17 any action with respect to Ukraine because of the influence of Blue Star Strategies?
18 A I do not.
19 Q Do you have any information suggesting that Vice President Biden ever took
21 A I do not.
23 A I do not.
24 Q Do you have any information to suggest that Joe Biden ever took any action
25 with respect to Ukraine because of Hunter Biden's role on the Burisma board of
61
1 directors?
2 A I do not.
3 Q And do you have any information to suggest that Joe Biden ever took any
4 action with respect to Burisma specifically because of Hunter Biden's role on the Burisma
5 board of directors?
6 A I do not.
7 Q Do you have any knowledge of Hunter Biden ever asking Joe Biden to take
8 any action with respect to Ukraine because of his role on the Burisma board of directors?
9 A I do not.
10 Q And do you have any knowledge of Hunter Biden ever asking Joe Biden to
12 A I do not.
13 Q Did you ever, in the course of Hunter Biden and Devon Archer's work on the
14 board of Burisma, did you ever have any concerns that they were being asked to do
15 anything illegal?
16 A I did not.
17 Q Did you have any concerns that they were being asked to do anything
18 unethical?
19 A I did not.
21 BY MR. :
22 Q Mr. Schwerin, we talked a little bit about Viktor Shokin who was once the
23 Prosecutor General of Ukraine. His former Deputy Prosecutor General, Vitaliy Kasko,
24 explained that to press outlets that in 2014 through 2015, including under the tenure of
25 his boss, Viktor Shokin, Ukrainian prosecutors had shelved probes into Burisma and
62
1 Mykola Zlochevsky.
4 Q And Devon Archer, whom we talked about in the previous round, who was a
6 A That's correct.
7 Q I don't know if you're aware, but he came and did a transcribed interview
10 which had been frozen in the United Kingdom, were unfrozen in January 2015 because of
13 A I don't, no.
14 Q And Mr. Archer further explained that his understanding was that Shokin
15 was, quote, "good for Burisma," and that Burisma felt it had Prosecutor General Shokin,
17 Do you have any reason to doubt Mr. Archer's assessment of Prosecutor General
18 Shokin?
20 they're saying, but I don't have a reason to doubt that that is correct based on Devon
21 saying it.
22 Q And this is the same Viktor Shokin whose resignation or firing was called
23 upon by a bipartisan and international coalition, which included then Vice President
24 Biden. Am I correct?
25 A That's my understanding.
63
1 Q I want to talk to you a little bit about the various business entities that my
2 Republican colleagues asked you about at the top of their hour. They went through a
3 list of business entities and asked you a variety of questions about them.
4 Now, you previously came before this committee staff in March 31st of 2023 for
5 multiple hours to answer questions about these same business entities. Is that fair?
6 A That's correct.
7 Q And during that interview you were asked about those entities and you
8 explained which ones you were involved in, which ones you were not involved in, which
9 ones you had information about, which ones you did not have information. Is that
10 correct?
11 A That's correct.
12 Q And is that consistent with the information you gave during the first hour of
14 A Yes.
15 Q Okay. In other words, you had already provided explanations about your
17 A Correct.
22 Q But was it your understanding that Devon Archer had business dealings with
23 Yelena Baturina?
24 A Yes.
25 Q Now, Mr. Archer, when he came before the committee in July of last year,
64
1 explained that Hunter Biden quote, "was not involved in business with Yelena Baturina"
2 and that any business dealings with Yelena Baturina were, quote, "completely out of his
5 A No.
7 colleagues. Devon Archer, again, in his July 31st interview explained that Hunter Biden
10 A I do not.
13 Seneca Partners and then Seneca Global Advisors had a 50 percent interest in Rosemont
14 Seneca Partners?
16 Capital -- that -- there was -- I think it was, like, RRE3 (ph), LLC, but it was owned by
17 Rosemont Capital.
19 merger. I just want to be clear. You never had an interest in Rosemont Capital, did
20 you?
22 Q And Hunter Biden never had an interest in Rosemont Capital, did he?
23 A He did not.
25 [Recess.]
65
6 BY MS. :
7 Q And I'm going to enter as exhibit No. 5, this is the email from Mr. Archer to
8 Mr. Pozharsky, with you and Mr. Biden cc'd on it. It includes the agreement that we
10 I know it's a longer document. I'll point you to where I'd like to discuss, but feel
12 [Pause.]
14 A Yeah.
16 So, if we turn to the memorandum, "Exhibit 305B" on the top, and if you look on
19 that would roll out over the next two months, including a trip to Kiev proposed for early
20 to mid-December.
21 "During the first two months, we will: 1) work to support the closing of the
22 company file in Ukraine; and, number 2) develop the scope of work, goals and objectives
23 for the remainder of the annual contract to best meet reputational and business goals.
2 Q Okay. And you were looped in to review contracts such as that? Is that
3 correct?
5 Q This is the memorandum. The revised proposal contract and initial invoice
8 Q So you weren't responsible for reviewing this proposal, you were just
11 Q Okay.
13 because I was most interested in getting them -- Blue Star engaged and getting to work.
14 Q And how did you kind of broker the deal between the two sides if you
16 A I think, as we discussed previously and looking at that other email, that was
17 the type of engagement that I had was, if there was an issue, trying to resolve it. And I
18 don't know that there was necessarily an issue with this or that I needed to be asked to
20 Q And did you have an understanding of how Blue Star's approach to reaching
23 Q Did you ever come to know that they would be engaging with U.S.
24 Government officials?
4 A Uh-huh.
6 Ukraine." First sentence says, "The Blue Star approach to government relations
7 leverages relationships in government, the private sector and civil society so that our
8 clients can expand into other markets, build support for the business model, and
10 The top sentence of the next paragraph is, "In the U.S., Blue Star would work
11 closely with the Departments of State and Commerce as they are effective champions for
12 U.S. investors and with investments abroad, especially given the critical geopolitical
14 Then if you go down further on that page, it lists individuals at the U.S.
16 Looking at the list of specifically Commerce and State, do you see anyone on that
17 list that you know that Blue Star met with or that you came to learn they did meet with?
19 Q Uh-huh.
20 A I think later, well after the fact, just in press reports, I think I understood that
22 Q Okay.
23 A That's the only one I can think of off the top of my head.
25 A I don't recall.
68
3 Q So was Blue Star's role here to get access to U.S. officials that were in the
4 Obama-Biden administration?
5 A That was not my understanding of the role. I mean, again, I would not
6 have -- my understanding of the role was to get engaged, be able to figure out what was
7 going on regarding these allegations. And so whatever -- I trusted Blue Star that
9 Q And so did you know that they were going to reach out to these officials to
21 Mr. Schwerin. I learned later -- and, again, just based on press reports -- that
23 Ms. . Okay. Did you ever get a readout of any of these meetings that
24 occurred?
25 Mr. Schwerin. I don't recall. I mean, it's possible, but I don't recall.
69
3 BY MS. :
4 Q And I'll mark as exhibit No. 6, this is a November 5th, 2015, email from
5 Mr. Biden to Mr. Pozharsky, with Devon Archer and Mr. Schwerin, cc'd.
6 This is the same chain that you were looking at the first round but it just
8 A Okay.
10 A Okay.
11 [Pause.]
13 Okay. We've gone through Mr. Pozharsky's email, which starts, again, on the
14 bottom of page 1 here. And then if you go directly above, it is Mr. Biden's response to
15 Mr. Pozharsky.
16 Mr. Biden says, "Let me have one final call with them and verify once more that
17 they understand the scope so we can all feel that the retainer is in line with the work
18 required. I trust Sally and Karen implicitly so I believe we are all aligned but I want to
20 Do you know if Mr. Biden reached out to Ms. Painter and Ms. Tramontano at this
21 point in time?
22 A I can't recall.
23 Q Did have you any communications with Ms. Painter or Ms. Tramontano
25 A I believe I would. I don't really remember the content of them. But yeah.
70
1 Q If you had reached out to them at around this time, would it have been
4 Mr. Schwerin. Yeah, I don't recall the specifics of what it would have been.
5 BY MS. :
7 Mr. Biden, "Thank you, Hunter! And of course, if you and Devon feel comfortable that
8 they will deliver what in real terms we are talking about, we should disregard the wording
9 or the scope and move further with signing and starting actual work.
10 "Also, Eric, have you got any feedback from Sandwig with regard to visas issue and
11 also with regard to his possible involvement in the trip to Kiev event?"
15 A John was a -- had his own consulting firm, he was a lawyer at his own
16 consulting firm, and he's a former Obama administration official who was at the
17 Department of Homeland Security. And he provided consulting services for people who
18 had issues with visas or green cards or, you know, anything related to those types of
19 immigration issues.
21 A I don't know directly if Devon was aware of John. He was somebody that I
22 had known through mutual friends. I don't know where the suggestion came that John
24 Q And if you know, did you have an understanding of what Mr. Sandweg's role
2 Q Burisma.
3 A I think that my recollection was that Burisma engaged his firm because the
4 owner of Burisma had some issues getting a visa into the United States.
5 Q And from this email, it says, "Also, Eric, have you got any feedback from
6 Sandwig?"
7 Were you in communication with Mr. Sandweg regarding Burisma visa issues?
8 A My recollection is that in the initial period of the engagement, that I was also
9 helping make the introduction from Vadym to John. And Vadym and at one point kept
10 wanting to have me a little more engaged. I think I extricated myself soon after. But,
12 BY MR. :
13 Q Where were you all officing? Were you in the same office together with
15 A And myself?
16 Q Yeah.
17 A Yes.
18 Q Okay. And what was the name of that organization at the time?
21 A The -- going back to the -- particularly related as I talked to you about the
22 Blue Star thing, I was -- I was doing it from the point of view of trying to help Hunter out.
25 As I talked about in the last session, this was -- this is November 2015. I was
72
1 concerned about him. His brother had just passed away. He was going through his
2 own alcohol and drug addiction issues. And so if there were things that I could do to
3 help him --
4 Q Okay.
5 A -- in his recovery, you know, I could jump in and make things a little easier, I
7 Q Okay.
8 BY MS. :
9 Q And you said at one point you were involved with -- I believe you said
11 A I don't know if I was the first person who connected him, but I got involved
13 Q And then you said you extricated yourself from that. Is that correct?
15 Q Okay. And then the last part of the sentence that I keep rereading, it says,
16 "Also, with regard to his possible involvement in the trip to Kiev event."
19 Q And when it says "with regard to his possible involvement," was that
21 A I don't know.
23 A I don't know.
25 A Yeah.
73
3 BY MS. :
4 Q And so I'll now move to -- I'll mark as exhibit 7 this November 3rd, 2015,
5 email from Mr. Schwerin to Mr. Pozharsky, cc'ing Mr. Archer and Mr. Biden. Subject line
6 is "Visa Denial."
7 [Pause.]
9 A Okay.
10 Q You'll notice that this email was sent on November 3rd, 2015, the same day
11 as the message from Pozharsky where he refers to, "Eric, have you got any feedback from
13 A Uh-huh.
14 Q So were you responsible for at that point in time for receiving feedback from
17 Q And then it looks like you -- this email chain, it begins with from John
18 Sandweg to Mr. Schwerin. And so looks like you are forwarding Mr. Sandweg's email on
19 to Mr. Pozharsky and Mr. Archer and Mr. Biden. Is that correct?
22 Mr. Pozharsky, it says, "John recommends that Nikolai reapply for his visa but that we
23 wait until his legal status in Ukraine has been resolved as the reapplication may require
25 "He does feel that since the original cancellation occurred in March of 2014 it is
74
1 solely related to the political issues associated with his service in the cabinet and not
2 anything to do with him personally that the reapplication may not be a difficult process."
5 Q And then you say up above, "He is going to confirm that Nikolai's wife and
7 And so was Mr. Zlochevsky, his wife, and daughter trying to obtain visas?
8 A Yeah. Rereading this, that seems to be the recollection I have. But, yeah,
10 Q Yeah.
11 A Trying to --
12 Q And it says that Mr. Sandweg was recommending that he wait to reapply for
13 his visa until his legal status in Ukraine has been resolved.
14 Do you remember what Mr. Sandweg was referring to by the "legal status in
15 Ukraine"?
17 Q Do you know if it involved the case against Mr. Zlochevsky at the Prosecutor
18 General's Office?
19 A I don't know with any certainly. The only legal thing -- that's the only legal
21 Q And then down below, "In any event, we should discuss timing as part of the
22 overall strategy regarding not only the visa but also the legal and PR issues that Blue Star
23 will be handling."
24 Did you have an understanding at this point in time what legal and PR issues that
2 Q Do you know if Mr. Zlochevsky ever had his visa issue resolved?
3 A I don't know.
4 Q And do you know how Mr. Sandweg came to learn this information that he
8 A I do not, no.
9 BY MR. :
12 Q Okay.
13 A So --
20 specifically.
21 Mr. . Okay.
22 Ms. . And was this the only other engagement you had with Zlochevsky's
23 visa issues? I know you said you had extricated yourself from the Mr. Sandweg and
24 Burisma involvement.
4 Ms. . So I'll offer as exhibit No. 8. This is a document timeline that the
6 Agent Ziegler gave it to the Ways and Means Committee, and they have since
7 made it public.
10 Mr. William Farah. When did the -- can we discuss the authentication of the
11 document and its legitimacy? Because it's not clear to me when this was prepared.
12 Ms. . So the IRS investigators and the FBI investigators put this document
13 together during the course of their investigation. And then Mr. Ziegler provided this to
15 Mr. William Farah. And it reflects their impressions of what they heard?
17 search warrants, public sourcing. And they put this all into a timeline right here.
18 Mr. William Farah. And was it submitted under oath or any sort of legal
19 proceedings?
22 Mr. . These whistleblowers, in case you didn't hear, I mean, they were so
23 outraged by the treatment that Hunter Biden was afforded that they came to the
6 Mr. William Farah. Right. You know, I'm just trying to make certain this is a
8 Mr. . Okay. Authenticated for what purpose? I mean, we're not going
9 to trial.
10 Mr. William Farah. Well, you're going to ask him questions. And I'm just
11 assuming you're going to ask him questions about the facts this discusses. You're not
13 So you can certainly read from the document and ask him questions, but his
14 answers don't indicate that he's necessarily agreeing that this is an accurate,
16 Mr. Castor.
17 BY MS. :
18 Q Mr. Schwerin, have you had sufficient time to review? I'm going to point
20 A That's fine.
22 A Sure.
24 If you turn to page 3 of the document, the page numbers are at the bottom in the
3 BY MS. :
4 Q And this depicts a calendar entry on November 6th, 2015, "RHB: Meeting
8 Q And were you involved in Mr. Biden's meeting with Mr. Hochstein at all?
10 Q And did you ever learn that Mr. Biden had met with Mr. Hochstein?
11 A I don't recall.
13 A I don't recall.
15 A Yeah.
16 Q And on page 3, we're going to stick with page 3, there are several emails
17 between you, Sally Painter, Rob Walker, and Mr. Biden in November 2015 about the
18 elections in Romania and trying to set up a meeting with the Romanian ambassador.
20 A I do know, yes.
22 A I have.
23 Q Okay. And can you explain your business relationship with Mr. Walker?
24 A Rob was -- we had, I think, first started working with Rob. He had worked
1 Q Uh-huh.
2 A And when we set up what became Rosemont Seneca, he also worked with us
5 Q And was Mr. Walker involved at all with Blue Star or Burisma to your
6 knowledge?
8 Q Okay. So right underneath the blue row that we just read, there is a
10 Ambassador. Schwerin discusses texting with SM" -- and the investigators use SM as a
11 code name for Hunter Biden -- "and SM requested Painter call today and try to set up a
12 meeting for 'him with the Ambassador.' SM is representing a Romanian client through
14 Did you have any understanding of who Mr. Biden was representing?
15 A A little bit.
17 A At one point, I don't remember exactly when, I know that Rob had
20 And as Rob explained it a little bit, if somebody was having legal issues in
21 Romania, it didn't seem like something I thought that our advisory business was doing or
22 did do. And so we did not ultimately take that engagement under Rosemont Seneca
23 Advisors.
24 I recall it sort of went away for a while. And at some point afterwards, Rob
25 and/or Hunter, I can't remember who told me, said that Hunter was going to be working
80
1 on this via Boies Schiller, which made sense to me. It was a legal issue. A law firm
2 should be involved.
3 Q And the entry here says that you were discussing that you had sent text
4 messages with Mr. Biden regarding his desire to meet with the ambassador.
5 Do you know why it was important that he wanted to meet with the ambassador?
6 A I don't know why it was important. I do know, recall that at the beginning
7 of the engagement Hunter had said to me, "I want to go meet with the Romanian
8 ambassador."
9 And my recollection is that Sally Painter had a good relationship with him and that
13 Q Okay. And so it was going to be Ms. Painter who arranged the meeting.
14 Is that correct?
16 Q And do you know if at the time the Romanian ambassador was supposed to
21 Q And then if you go, there's going to be three entries in between, and then
23 It says, "November 10, 2015 Schwerin email to SM," Hunter Biden. "Forwarded
1 Do you know why Blue Star was closely monitoring the developments?
2 A I don't.
3 Q You never asked any questions or ever found out why they were --
5 Q Do you know how the Romanian elections would have related to Blue Star's
6 work to Burisma?
7 A I don't think Blue Star was doing any work related to this issue with
8 Romania. The only thing I recollect at all was Sally's involvement in just helping set up
9 that meeting.
10 Q And if you go down further on the page, there are two blue entries, and I'm
11 looking two above that, on November 18th, 2015. It says, "Schwerin email to Mayer
14 Do you have any recollection of who Mayer is that you're referring to here?
17 A She worked for Rosemont Seneca Advisors for Hunter and myself.
18 Q And so she was involved with all of your scheduling needs. Is that correct?
19 A Correct.
20 Q Okay. And then if you look at that blue line right under there, it says,
21 "November 24th, 2015, Event, Burisma/Blue Star Strategies kickoff call with
23 Then you look one below, and it's the meeting with the Romanian ambassador,
25 Was it just Mr. Biden that met with the Romanian ambassador, to your
82
1 knowledge?
2 A I was not there, so I don't know. I believe so, but I was not there. I
4 Q And did you ever have any discussions with Mr. Biden about his meeting
7 Q Sticking with this page, we're going to go up a little bit on page 3 to right
13 A Got it.
20 Mr. Schwerin. Oh, I'm looking at the wrong blue. Got it.
21 BY MS. :
23 A Yes.
1 A I do not, no.
2 Q It was around this time the Vice President, Vice President Joe Biden, was
5 A I don't. Without having the original email, it's hard for me to even refresh
6 my memory on this.
7 Q And do you know if around this time Hunter Biden was planning a trip to
8 Ukraine?
11 A I do not.
12 Q Then, on the same page, one more on this page, it is one, two, three below
14 A Okay.
18 trip to Ukraine and Blue Star Strategies memo with the minutes of the call with
19 attachment. Attachment is Blue Star Strategies memo with the minutes of the call with
20 attachment Blue Star Strategies memo regarding U.S. Vice President Biden's Trip to
23 A I did not.
24 Q Did you ever receive a readout of what occurred on the briefing -- on the
25 call?
84
1 [12:42 p.m.]
2 BY MS.
7 really -- someone I hadn't remembered for 8 years. So I'm not sure what the interaction
8 was.
9 Q And so after this call, the Vice President is gearing up for his trip to Ukraine.
10 Did you know that the Vice President was going to Ukraine between I believe it was like
12 A I don't recall the specifics of it now today, but it's possible I knew at the time.
15 Q And were you aware -- this is from Devon Archer's testimony to the
16 Oversight Committee. He was in Dubai on December 4th, 2015, 2 days after the briefing
17 with the White House with Burisma executives. Were you in Dubai at that same time?
18 A I was not.
19 Q And Mr. Archer told the committee that at the meeting in Dubai, the
20 Burisma executives asked Mr. Biden for help with relieving some of the pressure they
21 were under and then he made a call to D.C. Are you familiar with this testimony at all?
23 Q Okay. And then later on in his testimony he said that when Hunter Biden
24 made a call to D.C. on December 4th 2015, he was calling his dad. Do you remember
25 that testimony?
86
1 A I do not.
4 was.
5 Mr. . Well, he said that and then he went out of the room and came back.
6 Ms. . Can we just ask for a page cite for the transcript maybe?
7 Mr. . Yes.
14 Ms. . We can if you want to and offer them a copy of the transcript.
15 Mr. . Is that what we want to do here? Did you want a copy of the
19 Ms. . 36.
22 Mr. . Yes.
23 BY MS. :
24 Q Okay. So I'll read for the record. I'm on page 36, line 14 and 15. It says,
25 "Question: What did Hunter Biden do after he was given that request?
87
1 Answer: Listen, I did not hear this phone call, but he -- he called his dad," end
2 quote.
5 Q Okay. Okay. So on December 4th, 2 days after the White House briefing,
6 Hunter Biden, according to Devon Archer, called his dad after he was given a request by
8 And then, are you aware that Vice President Biden then went to Ukraine?
9 A I'm aware now, today. I don't know if I was aware at the time.
10 Q And are you aware that on December 9th, 2015, he gave a speech before the
13 Q And then at that time, he told the Ukrainian President, Mr. Poroshenko, that
14 if the President is not fired, you are not getting the money in regards to the loan
17 A I mean, there -- no, I mean, there are press reports, you know, in the recent
18 past -- I mean recent few years about that comment, but that's my only awareness of it.
20 Ms. Painter and Ms. Tramontano testified to some Senate committees that on
21 December 10th, 2015, they had a meeting with Mr. Hochstein. And I believe you said
22 that you were aware that at some point they had met with Mr. Hochstein. Is that
23 correct?
24 A That's correct.
2 Q Okay. And then on December 16th, 2015, Ms. Tramontano and Ms. Painter
3 also testified that they met with Ambassador Pyatt. And I believe is that on the list of
4 names on this proposal that you thought maybe that had met with Ambassador Pyatt?
5 Is that correct?
6 A Yeah. I don't know if I said -- Catherine Novelli was the only one I knew for
8 Q Okay. And did you ever come to learn during your engagement with Blue
9 Star and Burisma that they had met with Ambassador Pyatt?
11 Q And were you aware that at the time that these meetings were occurring,
12 Blue Star and Burisma kind of took issue with the substance of a speech that Ambassador
15 Q And Blue Star was saying that they were working to kind of understand if it
16 was the State Department's official position that Zlochevsky needed to be prosecuted or
18 Do you ever remember a statement to that effect from Blue Star or Burisma?
19 A I don't recall more than that he gave a speech and people were unhappy
20 with it.
21 Q And then on March 1st, 2016, is when Ms. Tramontano met with Ms. Novelli.
22 You said you remember that at some point they had met with Ms. Novelli. Is that
23 correct?
1 A I don't recall getting one, no. And this is worth reemphasizing, that, you
2 know, I was not paid by Burisma. This was not a priority for me. You know, we had
3 our own business to run, and there was a lot else going on given Bo's death and Hunter's,
4 you know, addictions. There was a time certainly 8 years ago where, yeah, this was a
5 low priority. So that is -- it's important to give you that context to these questions.
6 Q And you said your only engagement with regards to Blue Star and Burisma
9 you, there were occasional updates on, yes, you know, we've settled this one issue or not.
10 But, you know, again, I trusted Blue Star that if they were handling things, that I didn't
12 Q And did you also understand that, at some point, Blue Star went to Ukraine
16 Q And do you have any recollection of who they met with while in Ukraine?
17 A I do not.
19 So as exhibit 10 I'll mark this July 10th, 2016, email from Ms. Tramontano to
25 BY MS. :
90
1 Q Okay. And so in this email, Ms. Tramontano is sending you a letter that
2 they wanted Mr. Biden to sign. Do you know why they just didn't directly go to
3 Mr. Biden?
4 A Yeah. I think this time, sort of very similar we had asked earlier today
5 about, you know, Vadym and the contract. You know, if they were -- Hunter was not in
6 the office very much. Either -- at this point, I think he was in Delaware a lot more, and
7 people knew that I could help get his signature on stuff. It was just easier to go to me.
9 Q And if you look at the email, the second paragraph, it says, "Depending on
10 the result of the court, we may use the letter in a subsequent interview, but we will
11 discuss with you, HB, and others before proceeding to the next step."
13 A I don't.
14 Q -- or sent?
15 Did you ever have -- she said that we'll discuss with you, HB, and others before
16 proceeding to the next step. Did you ever have a discussion with Ms. Tramontano about
19 Q And what was your involvement here at this point in time? Was it just to
20 get Mr. Biden to sign the letter, or did you have other engagements where they were
22 A My belief is I would -- I probably just wanted him to sign the letter and then
24 Q Okay. And as exhibit 11, this will be an October 11th, 2016, email from
25 Sally Painter to Mr. Schwerin, with the subject line "Zlochevsky article with UKR press."
91
3 BY MS. :
5 So on October 11th, 2016, I'm looking at the 11:24 a.m. email from Ms. Painter.
9 And in her email, she says, "We won and in less than a year."
10 What did you understand Ms. Painter to mean when she said we won?
12 issues surrounding the owner of Burisma, and my understanding was that that was
13 resolved.
14 Q And so was the goal to get the case dropped against Mr. Zlochevsky?
15 A Whatever -- I don't know if that was the goal. It's my understanding that
16 the goal was to figure out the problem and solve it, and that's what Blue Star was doing.
17 Q And then right up above, you respond to Ms. Painter, "Awesome work.
19 And Ms. Painter then responds to you, "Thanks. You brought us in, so take a
20 victory lap."
21 When you said awesome work, what did you think that Sally Painter had done to
23 A I don't know what they did to get it accomplished. They said that they
25 Q And when they won, meaning that Zlochevsky was no longer under
92
2 A Yeah, I would have read the article. That's what I would have -- that would
4 Q And I believe you had testified earlier that the concern here was that the
5 investigation of Mr. Zlochevsky would look bad for Mr. Hunter Biden and Mr. Archer. Is
6 that correct?
8 Q So now that that investigation had gone away, then was that concern
9 alleviated?
10 A Yeah. My main concern was that there was bad press. So if there was no
12 Q And you said my main concern. Did Mr. Hunter Biden or Mr. Archer ever
16 A No.
17 Q Did you ever have any correspondence with individuals in the White House
18 regarding Burisma?
21 A Kate Bedingfield.
22 Q Kate Bedingfield. And had you known Ms. Kate Bedingfield prior to your
24 A Yes, I had.
1 A She was a staffer for Vice President Biden. And as part of the role that I
2 had with Vice President Biden's finances, when they released his tax returns every year to
3 the press, I usually had to engage with them to ask to make sure if they had any questions
4 or something, that they were putting together any sort of talking points on that. So
5 that's one just I know example of where I had already engaged with Kate.
6 Q Okay. This will be the last exhibit I enter. But exhibit No. 12, this is a
7 December 4th through 9th, 2013, email chain between Mr. Schwerin and Ms. Bedingfield.
10 BY MS. :
11 Q I know it's a bit of a longer chain, so I'll make sure to direct you where I'm
12 looking.
13 Okay. If you turn to the last page of the exhibit, page 6, there is an email from
15 Do you remember how this communication started? Did she ask you for a quote
17 A No, I don't remember how the conversation started. Usually, I mean, there
18 were not many instances of this, but if there are press articles about Burisma, and they
19 would get an inquiry from the press, the White House, the Vice President's office, they
20 would -- their policy was not to respond unless it directly related to the Vice President.
21 And if it only related to Hunter, they would leave it to his spokespeople to respond.
22 So it would be instances, and I don't think there were many, where I would get a
23 call, hey, there's this article. What are the facts we need to know to decide whether we
24 need to respond?
25 So it's possible that that was one of the cases where Kate had reached out to me
94
2 Q And in the, you know, other pages of this exhibit, it talks about a New York
3 Times story, as well as a Wall Street Journal story, and these stories were coming out
4 before Vice President Biden was going to Ukraine in December. And the stories were
5 regarding Hunter Biden's position on the board of Burisma while the Vice President is
7 Do you kind of -- does that jog your memory about the context of this
8 conversation?
9 A My general recollection of what was going on, yes. I've been refreshed by
11 Q And so were you surprised when Ms. Bedingfield reached out to you wanting
12 a quote?
14 her. I was providing what quotes were being used to provide -- that we were
15 going -- we, the larger Hunter Burisma team, was providing to the reporters.
16 Q Okay. So this would have been what you were providing to the reporters,
17 correct?
19 they were hired by Boies Schiller to do the press around this issue.
20 Q Okay.
21 A And so FTI was the one that would be providing these quotes to the press.
22 Q Okay. And so what was your involvement here with the quotes? Did you
23 come up with the quotes? Did you talk to Mr. Biden about the quotes?
25 involvement was. I know that I was on a few calls with FTI while they were coming up
95
2 Q Okay. And so FTI Consulting was the one writing these quotes. Is that
3 your recollection?
5 Q Okay. And then right above the quote, if you go to the next page, you ask
6 Ms. Bedingfield, "Will you call me when you get a chance? I am in office or on cell."
7 Did you have a call with Ms. Bedingfield around this time that you can recall?
8 A I don't recall.
9 Q And do you know what the concern was? I know we talked about this a
10 little bit, but it's on the heels of the Vice President's trip to Ukraine. What was the
11 concern that these articles were coming up and they needed quotes from you and from
13 A Yeah, and these quotes were not from me. I just want to be clear.
14 Q Yeah.
16 Q What was the general concern that they needed to have these quotes, the
18 A I don't know.
19 Mr. William Farah. Are you asking what was in the article?
20 Ms. . Correct. What was the context that these were being provided in?
22 Mr. . Were you surprised the Vice President didn't recuse himself from
23 this portfolio?
1 Mr. Schwerin. I don't recall what I thought at that time. I really don't.
2 BY MR. :
3 Q But this is a sticky situation here. I mean, the Vice President's son is on the
4 board of Burisma, an energy company. He's getting paid a million a year. The
5 company is under investigation, and the Vice President is taking a direct role in some of
6 these matters.
7 A I don't recall having any thoughts on that either way at that time.
8 Q Did you have any communications with the Vice President's office about
9 that?
11 Q Yes.
12 A When Hunter first joined the board, and whenever it was, in 2014, his
13 counsel, who had learned the information, reached out to me to find out what was going
14 on. I too did not really know what was going on, so we were trying to figure it out.
16 Q Did you make a suggestion that maybe the Vice President should recuse?
17 A I didn't. I wasn't -- I didn't feel like it was my place. I was just answering
18 questions.
19 Q But, I mean, you were a trusted advisor to the Vice President and his family.
21 A I did not do that. I don't know that would have been my place, but I did not
22 do that.
23 Chairman Jordan. His counsel, you mean the Vice President's counsel reached
24 out to you?
2 the Vice President's reaching out to you, and you didn't offer your thoughts on what
3 should happen?
4 Mr. Schwerin. No. She asked for the facts, and I provided the facts, and that
6 BY MR. :
8 A You're saying the first call when Hunter first joined the board? I was not
12 Q Yeah.
14 Q Okay.
15 A I believe that's the case. That's why the press reports were being written.
16 Q Right. Can you recall that the Vice President, you know, spoke about that
22 Q Okay. Do you subsequently recall that the Vice President discussed that?
23 A I mean, I know that from press reports in recent years that that was the
24 case.
1 Relations about how he, you know, he told Ukrainians they needed to fire the prosecutor,
2 and if they didn't fire the prosecutor, they weren't going to get the $1 billion loan
5 Q Looking back on that, isn't that a little bit of an ethical quandary? Because
6 you've got the son of the Vice President on the Burisma board, and you've got the Vice
8 Mr. William Farah. Are you asking him to opine on a legal matter, a matter of
9 legal ethics?
10 BY MR. :
11 Q I'm asking you, don't you think this was a quandary, an ethical quandary?
14 A Well, I didn't -- I didn't have an opinion one way or another. I was not
15 involved directly with Burisma. I also assumed that that type of advice was something
16 that he would consult with his counsel on, and that was not, you know, something that I
18 Q And at this point in time, in the -- you know, we understand that Hunter
19 Biden was dealing with some personal issues at the time. Was he present and engaged
21 A As he was dealing with his addiction, he went into periods of relapse and
22 recovery. I can't match up exactly which, but, you know, he was definitely engaged with
23 Burisma business at certain times. And if there were times when he was -- had relapsed
24 and he needed to deal with his own personal health, I think he may have taken a step
25 back.
99
1 Q Okay. And do you happen to remember, during this point in time, when
2 the Vice President was traveling to Ukraine, when you were speaking with the Vice
3 President's comm staff, whether Hunter was present and engaged or whether he was
5 A I think from what we had just established, right, this is the same time that
6 Hunter and Devon were in Dubai. So he was engaged. He was at a board meeting,
7 yeah.
9 I think in the first hour -- this is the one where there was the congratulatory
10 exchange. I think in the first hour you said when Blue Star Strategies was retained, you
11 said you weren't sure of what the deliverables were. You were focused on the public
13 When did you learn -- when did you learn what the deliverables actually were?
14 Mr. Schwerin. I don't know that I ever specifically learned what the deliverables
15 were. You know, I had -- I was deferring to Sally and Karen that they were working with
16 Burisma and trying to figure out what needed to be solved, and I was hoping that they
17 would do that.
18 Chairman Jordan. So Zlochevsky taken off the wanted list, you didn't know that
21 BY MR. :
22 Q We're going to now switch gears and go back to a discussion of some of the
24 If you could pull up exhibit 9, which is the transcript, and I'll direct you to page --
25 A This one?
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1 Q Yes, sir.
2 And I'll direct you to page 64, please. It'll be line 17, beginning -- let me know
4 A Uh-huh.
6 Mr. Archer, the committee asked Mr. Archer questions about payments that were going
7 into the RSB account. And the question was: "So then what was the purpose of the
8 Porsche payment?
12 "Question: So --
13 "Answer: That's why I clarified the point. Like, I wasn't, like, doing this
15 ownership, and he conducted, you know, banking business with the COO."
16 My question to you is, did you know that Hunter Biden, in 2014, 2015 time period,
18 A I didn't know that. I didn't -- I still to this day do not know that. It's just
20 Q Did you know that there was a 50/50 ownership of Rosemont Seneca Bohai,
23 Q And you only came to know about the bank records into the Rosemont
24 Seneca Bohai account later after Devon Archer gets investigated by the DOJ, and you're
1 A Yes. When Hunter -- I'm sorry. When Devon was being investigated by
2 the DOJ, and I tried to figure out that, I received Excel spreadsheets from Devon of the
3 banking information and relied on that. It was only later in Devon's trial that I think
4 those bank records were released publicly, and that was the first time I saw them.
5 Q So just to be clear, you never saw the bank records for Rosemont Seneca
7 A Correct. I had asked for them from Devon. All I got was the spreadsheet
9 Q And with regard to Rosemont Seneca Thornton, were you aware that
11 A I was not.
12 Q Based upon the information I provided you here today, there were a number
13 of different items or financial transactions or corporate records that you just didn't have
14 visibility into with Rosemont Seneca Bohai or Rosemont Seneca Thornton, correct?
15 A Correct. And just to clarify on the Rosemont Seneca Thornton too, and I've
16 learned this after the fact, I think Devon was the only one who knew that that entity still
17 existed and had a bank account. And I don't think that he -- he didn't do that with the
20 can you again just describe the relationship between the two companies?
22 Partners. The way we had set it up was that Rosemont Seneca Partners was the overall
23 holding company, for lack of a better term, and had two affiliates -- wholly owned
24 affiliates, Rosemont Seneca Advisors, which is where I concentrated most of my time and
25 effort and did most of the work. We had also set up an entity called Rosemont Seneca
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1 Principal Investments with the idea that that would be the entity that would be -- hold
2 the investment, hold ownership stakes in any of the funds that were set up. That never
4 Q And Hunter Biden was your partner in both Rosemont Seneca Partners and
6 A Correct.
7 Q Approximately between 2011 and 2014, are you able to say what the
8 approximate revenue that Rosemont Seneca Partners and/or Advisors was receiving
12 A My guess is probably one or two million, but I don't have it in front of me.
14 Q Annual, correct?
15 A Correct, yes.
19 Q But it specifically would not perform lobbying services because the Obama
20 administration did not want Hunter Biden and/or you performing lobbying services,
21 correct?
23 Q But that's why you left -- one of the reasons why you left Old Acre?
24 A No. We had decided to leave Old Acre well before -- I mean, months
25 before Joe Biden was selected as Obama's running mate. We had decided that we
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2 Q Can you just explain to us what advising means versus lobbying? What are
3 the services that would be provided to advise versus the difference between lobbying?
5 alternative investment funds, so private equity funds, infrastructure funds and the like.
6 There was a need for those funds to have an understanding of what was going on in
7 Washington so that they could better assess their portfolio companies and how policy
9 And so, I mean, that was advisory work we would do for those funds. And they
10 also might make introductions for those funds to people who they could do business
11 with.
14 [Recess.]
104
2 [2:09 p.m.]
4 BY MR. :
5 Q Mr. Schwerin, before we get back into the questions, I just wanted to make
6 sure the record was clear about certain things, starting with exhibit 8 that my Republican
8 A This?
9 Q Yes.
10 I think in reference to exhibit 8 you were asked about emails, text messages,
11 calendar entries. And I just want to ask you, are there actually any emails, text
13 A No.
15 that fair?
16 A That's correct.
17 Q And you were not provided a copy of the underlying documents that purport
21 describing this exhibit, and I wanted to be clear about what that exhibit says.
22 That exhibit says that, as part of their investigation, case investigators, who are
23 unnamed, unnamed case investigators went through various records and put together a
24 summary of items that they found interesting or relevant. So in other words, they went
25 and picked among a universe of documents the ones that they wanted to summarize.
105
1 They then provided a summary -- I'm sorry. They then prepared a summary that was
2 over 2,100 line items. They then went to that summary that had 2,100 line items and
6 and then picked from that summary these four pages that were shown to you as
7 exhibit 8.
9 entries from exhibit 8 on page 3. And in reading the Cellmark description, she read to
10 you, for example, for the one November 6th, November 6th, 2015, Walker email.
11 But, in fact, before that description, there are the three letters, s-c-r: And that
13 Though she did not read those three letters, SCR, I wanted to ask you, do you have
15 A I have no idea.
19 Mr. . So I'm hearing no explanation for what scr means, which just
20 highlights the fact that this is a summary prepared by unknown investigators based on
22 BY MR. :
23 Q And one of the entries for November 6th, 2015, was a calendar invite;
25 Mr. Schwerin, just because a meeting is on a calendar, does that mean that
106
3 Q In fact, it happens with some frequency that a calendar has an entry on it for
4 a meeting that gets canceled or never happens for whatever reason. Isn't that fair?
5 A Correct.
7 that just because a calendar invite or a calendar entry is mentioned on this document,
9 A That's correct. Yeah, I would also say that I was -- frequently am not always
10 cc'd on Hunter's calendar, which doesn't mean that I necessarily attended as well.
12 back to this question of Rosemont Seneca Bohai and Hunter Biden's role in it. And they
15 Ms. No. 9.
16 Mr. . Exhibit 9.
18 Archer answers "Hunter was a corporate secretary of RSB." That's at the bottom of
21 Mr. . What they didn't read to you was the clarification that Mr. Archer
22 gives just two pages later, on page 66, which I would like to read for the record.
23 So during the Republican round of questioning, they read from page 64. Just two
24 pages later, on page 66, "Question: I think you said it a second ago, that Hunter Biden
25 was the corporate secretary of RSB. Do you know that to be true, or are you recalling a
107
5 "Question: To your independent knowledge, did Hunter Biden ever have any
12 "Answer: Right."
13 So I just want to be clear that on page 67, Mr. Archer was asked unequivocally
14 whether Hunter Biden had a position with Rosemont Seneca Bohai, and his answer was
15 no.
17 on -- about page 36, which was in reference to a phone call that took place on
18 December 3rd or 4th of 2015, that -- placed by Hunter Biden that Mr. Archer described in
20 And what they omitted to -- so they read to you: "Question: What did Hunter
22 "Answer: Listen, I did not hear this phone call, but he called his dad."
23 What they didn't read to you is the clarification that happens just the next
24 question.
1 "Answer: Because he -- because I think Vadym told me. But, again, it's unclear.
2 I just know that there was a call that happened there, and I was not privy to it.
4 "Answer: Just that -- just that they -- quote, 'we called D.C.'"
5 And on the very next page, there is a question: "He told you expressly he called
8 In other words, the very next page of the transcript that my Republican colleagues
9 didn't read to you, Mr. Archer very clearly said that his testimony is not that Hunter Biden
10 called his father but that he was told that Hunter Biden called D.C.
12 repeatedly talked about the D.C. team, which he describes, for example, on page 101.
13 He's asked: "Question: Is it fair to say that there was a whole D.C. team that
15 "Answer: Yes.
17 "And that D.C. team was firms like Boies Schiller, Blue Star Group, this lobbyist
19 "Answer: Fair.
23 "Answer: Right."
24 So I just wanted to make clear for the record what exhibit 8 is and is not.
1 And wanted to be clear about what exhibit 9, the transcript of Devon Archer's
2 transcribed interview, actually says when one reads the whole context from Mr. Archer's
3 statements.
4 BY MS. :
5 Q Hi, Mr. Schwerin. My name's . I'm with the minority staff for the
6 Oversight Committee.
7 I want to return to your emails with Ms. Bedingfield. I'm sorry, that's exhibit --
10 BY MS. :
12 A That's correct.
13 Q And your testimony today has been that, at that point, Vice President Biden
14 did not have any involvement with Hunter Biden's businesses. Is that correct?
15 A That's correct.
16 Q So if someone were to conclude from your emails with Ms. Bedingfield that
17 Joe Biden had any involvement in Hunter Biden's business dealings, would that be an
18 incorrect conclusion?
20 Q If someone were to conclude from your emails with Ms. Bedingfield that Joe
21 Biden had any involvement in Hunter Biden's business dealings, would that be an
22 incorrect conclusion?
24 Q In fact, quoting from her notes about what then-Vice President Biden had
25 said when asked, Ms. Bedingfield writes to you that the Vice President stated in an
110
1 interview with a Bloomberg reporter, in part, quote, "I don't talk to my son about his
3 This is consistent with what you have already told us. Namely, that to your
4 knowledge, Joe Biden had no role in Hunter Biden's business dealings. Is that right?
5 A That's right.
6 Q And the official statement from the Vice President's communication staff
7 said, in part, quote, "Hunter Biden is a private citizen and a lawyer. The Vice President
8 does not endorse any particular company and has no involvement with this company."
9 This statement is also consistent with what you've already testified to. That is, to
10 your knowledge, Joe Biden had no role in Hunter Biden's business dealings. Is that
11 correct?
12 A That's correct.
13 Q In fact, there isn't anything in your correspondence with Ms. Bedingfield that
14 contradicts the Vice President's statement, that he did not talk to Hunter Biden about his
15 businesses and he had no involvement in Hunter Biden's work with Burisma. Is that
16 correct?
17 A That's correct.
18 Q I'd like to introduce an article into the record. Okay. I believe this will be
19 exhibit 13.
22 BY MS. :
23 Q This article was written by James Risen, who is referenced in your emails
24 with Ms. Bedingfield. The article was written on September 25th, 2019. It appeared in
25 The Intercept, and it was entitled, "I wrote About the Bidens and Ukraine Years Ago.
111
1 Then the Right-Wing Spin Machine Turned the Story Upside Down."
2 I want to read a little bit from the article starting with the first paragraph. "It's
3 strange to see my journalism twisted, perverted, and turned into lies and poisonous
4 propaganda by Donald Trump, Rudy Giuliani, and their enablers. But that's what has
7 Then I'd like to read the last sentence on the third page. "Still, when Joe Biden
8 went to Ukraine, he was not trying to protect his son -- quite the reverse."
9 And then continuing on to the final page. "The then-Vice President issued his
10 demands for greater anticorruption measures by the Ukrainian Government despite the
11 possibility that those demands would actually increase, not lessen, the chances that
13 "When it first was published, my 2015 story seemed to have little impact, other
14 than to irritate Joe Biden and his staff. It ran inside the printed edition of the Times, not
16 "But somebody obviously read my piece, as well as others like it, because
17 questions about the Bidens and Ukraine suddenly came roaring back this year." Again
18 2019.
19 "Giuliani, Trump, and their lackeys began spreading the false accusation that
20 Biden had traveled to Ukraine to blackmail the government and force officials to fire the
22 "In May when this issue began to surface, The Intercept's Robin (sic) Mackey
23 wrote an excellent piece debunking the lies in the new pro-Trump version of the Biden
24 story. In the process, he provided greater detail than I had included in my 2015 story.
25 He wrote that Shokin had been forced from office at Biden's urging because he had failed
112
3 "Biden did threaten to withhold $1 billion in U.S. loan guarantees unless Shokin
4 was ousted, but that was because Shokin had blocked serious anticorruption
6 So my question is: Do you have any knowledge of -- information that would run
8 A I do not.
9 Q Thank you.
10 BY MS. :
11 Q Mr. Schwerin, I want to return to the discussion from the prior hour about
12 the timing of the Vice President -- then-Vice President Biden's trip to Ukraine in
14 A Yes.
16 December 3rd or 4th involving Devon Archer and Hunter Biden and some individuals from
17 Burisma. And then the suggestion was made that Joe Biden then traveled to Ukraine
18 the following week following some phone call from Hunter Biden.
21 Q And I think my co-counsel here already dealt with the fact that we don't
22 actually have any evidence that such a call was made. But putting that aside, I want to
24 Are you generally familiar with the process that has to be undertaken before the
4 less time, but working with the embassy. There is usually a pre-advance trip that goes
5 out, then an advance trip, and it can take, you know, 4 to 6 weeks, particularly given
6 security concerns and Secret Service needing to fly out. So it's an involved process.
7 Q The President can't -- the Vice President can't just travel internationally at
10 Q And I want to introduce as exhibit 14 the actual announcement from the U.S.
11 Embassy in Ukraine that the Vice President would be traveling to Ukraine. The
12 announcement is dated November 13, 2015, and it says that he will travel to Ukraine the
16 BY MS. :
18 A Yeah.
19 Q And so just to read off of this announcement, it says "Vice President Joe
20 Biden will travel to Ukraine the week of December 7th, 2015," correct?
21 A Yes.
22 Q And the date down at the bottom says that it was posted by U.S. Embassy
24 A Yes.
25 Q So that was several weeks before the Vice President traveled, correct?
114
1 A Yes.
4 Q Okay. I want to look at the speech that Joe Biden actually gave when he
6 A Okay.
8 A I'm not.
12 BY MS. :
13 Q And to save you time, I can tell you we're going to look at page 7. You're
15 A Okay.
16 Q So broadly speaking, the majority has made reference to this earlier today.
17 The allegations against Mykola Zlochevsky, the owner -- or the majority shareholder of
20 Q Roughly -- one, two, three -- the fourth full paragraph down on this page, it
21 begins with the word "oligarch," I'm going to read that into the record. Says, "Oligarchs
22 and non-oligarchs must play by the same rules. They have to pay their taxes, settle their
23 disputes in court -- not by bullying judges. That's basic. That's how nations succeed in
1 A You did.
3 wasn't doing a very good job, right, because he's actually attacking oligarchs in this
5 A Yes.
8 Q Okay. In the paragraph above that, I'm not going to read the whole thing,
9 but about halfway through, there's a line that says, "The Office of the General Prosecutor
11 A Yes, I do.
12 Q And the general prosecutor at the time that Vice President Biden gave this
13 speech, which was, again, December of 2015, was Viktor Shokin, correct?
15 Q The suggestion has been made that Joe Biden's criticisms of Mr. Shokin were
16 somehow made either at the behest of Hunter Biden or to help Hunter Biden in
17 connection with his work with the Burisma board. And I just want to note for the record
18 that that is -- that that is actually United States official policy at the time that Shokin
21 Q Okay. I'm going to go through and introduce -- sorry. Strike that and
22 withdraw.
24 into this, and I'm going to introduce testimony from -- three, four -- five individuals who
1 And I realize you might not be familiar with all of these. I'll tell you it was
2 testimony taken by the House Intelligence Committee, by the Homeland Security and
3 Governmental Affairs Committee, and by the Foreign Affairs Committee and the
5 A Okay.
6 Q I want to start with testimony from George Kent. Are you generally familiar
13 BY MS. :
14 Q I think we've given you a big excerpt, but we're actually just going to look at
15 the -- we're not introducing the whole transcript because it's several hundred pages long.
16 We're just going to look at something on the very first page of the actual transcript
17 section.
18 A Okay.
20 that it was the U.S. Government's official position that Shokin needed to go?
21 "Answer: Yes."
23 A Yes.
25 This was given before the Committee on Homeland Security and Governmental Affairs on
117
4 BY MS. :
5 Q Again, it's a long excerpt. We're going to look at this bottom of page 62 to
6 the top of page 63. Line 19, Ambassador Pyatt says, "We certainly believed that dealing
7 with that systemic corruption, including the deeply corrupt relationship between
8 Ukrainian oligarchs, the political system, the media, the Presidency was not going to
9 be broken under the approach that Prosecutor General Shokin was pursuing.
12 "Question: So was the policy advocating for the dismissal of Prosecutor General
15 its glory."
17 A You did.
19 of Fiona Hill and David Holmes, which was taken on November 21st, 2019, before the
23 BY MS. :
24 Q We're going to look at the top of page 64, line 3. This is actually -- I'm
25 sorry.
118
1 The witness, Mr. Holmes, says, "My understanding is that the prosecutor general
2 at the time, Shokin, was not at that time pursuing investigations of Burisma or the Bidens.
3 "Question: And, in fact, removing the corrupt prosecutor general was part of the
5 "Answer: That's correct. And not just us but all of our allies and other
8 A You did.
10 I'll introduce as exhibit 19 testimony from Kurt Volker. This is dated October 3rd,
12 Oversight and Reform, and Committee on Foreign Affairs of the U.S. House.
15 BY MS. :
16 Q We're going to look at what's marked as page 330. Line 6: "And I believe
17 you said that -- you testified earlier that there's no doubt in your mind that Vice President
18 Biden was acting completely on the -- I'm paraphrasing -- but on the up-and-up in terms
20 "Answer: Correct. He was executing U.S. policy at the time and what was
23 A You did.
25 Yovanovitch, former U.S. Ambassador to Ukraine. This was taken on October 11th,
119
2 Oversight and Reform, and the Committee on Foreign Affairs of the U.S. House.
5 BY MS. :
6 Q And we're going to look at the excerpt on the bottom of page 101. Starting
7 on line 20, Ambassador Yovanovitch says, "So Vice President Biden, the IMF" -- which I'll
8 represent to you is the International Monetary Fund -- "pretty much every country that is
9 present in Ukraine all felt that Mr. Shokin as prosecutor general was not doing his job.
11 "Answer: Yes."
13 A You did.
15 So having seen these transcript excerpts, would you agree that it was official U.S.
18 Q And you have no evidence that Joe Biden, then Vice President -- then-Vice
19 President Biden, his call to oust Shokin was made in response to any request whatsoever
22 Q Okay.
120
1 [2:36 p.m.]
5 Ms. So I've entered and given to you a letter sent to Chairman Comer by
6 Lev Parnas. The letter is dated July 18th, 2023, and I'm going to read some excerpts
8 I'll start by reading the first paragraph: "Dear Chairman Comer, as I have been
9 closely following the developments in Congress' investigations into both Donald Trump
10 and Joe Biden, I believe I can place the facts in context for you. I write to you as a
11 concerned American who wishes only to share the information that I know to be true, so
12 that we can lay to rest the conspiracy theories about Biden's supposed corruption in
14 And then I'm going to jump down to the bold header that says, "Here are the facts
16 "In November 2018, I was approached by Rudy Giuliani, who asked me about my
17 contacts in Ukraine and if I could verify some information he had received about Joe
18 Biden. A video had recently been shared online in which Biden, being interviewed by
19 the Council on Foreign Relations, said that in 2016 he had pressured Ukraine's President
20 Petro Poroshenko to fire his Prosecutor General Viktor Shokin. Giuliani told me he had
21 discussed with then-President Trump not only Biden's statements in the video, but also
22 his discovery that Biden's son, Hunter, was on the board of the Ukrainian energy company
23 Burisma and that Shokin was supposedly looking into possible corruption in the company.
24 When Giuliani spoke to me, he got very excited and said, quote, 'This is the smoking gun
25 he'd been looking for', end quote -- meaning he saw it as a way to discredit the Bidens."
121
1 And I'll continue to the next-to-last paragraph on the same page 2. The last
2 sentence.
3 "Even though Shokin was trying to push the narrative that he had lost his job
4 because of the pressure Joe Biden had put on President Poroshenko to fire him, when
5 asked directly by Giuliani, he conceded that there was no evidence of either Hunter or Joe
7 Finally, I will read from the last page of the letter, starting with the first full
9 "Throughout all these months of work, the extensive campaigns and networking
10 done by Trump allies and Giuliani associates, including the enormously thorough
11 interviews and assignments that I undertook, there has never been any evidence that
12 Hunter or Joe Biden committed any crimes related to Ukrainian politics. Never during
14 them confirm or provide concrete facts linking the Bidens to illegal activities. In fact,
15 they asked me multiple times why our team was so concerned with this idea. The truth
16 is that everyone, from Giuliani and the BLT Team to Devin Nunes and his colleagues, to
17 the people at FOX News, knew that these allegations against the Bidens were false.
18 There has never been any factual evidence, only conspiracy theories spread by people
19 who knew exactly what they were doing. With all due respect, Chairman Comer, the
20 narrative you are seeking for this investigation has been proven false many times over by
21 a wide array of respected sources. There is simply no merit to investigating this matter
22 any further. I hope my letter has provided you with additional clarity on this point."
23 And I will conclude by noting for the record that committee Democrats have
24 requested that the committee issue a subpoena to Rudy Giuliani, but Chairman Comer
1 BY MR. :
2 Q Mr. Schwerin, are you familiar with a February 12th, 2016, letter from
3 members of the U.S. Senate Ukraine Caucus, a bipartisan caucus, to President Poroshenko
4 of Ukraine?
5 A No.
6 Q Well, in that letter, which was signed, again, by a bipartisan group of U.S.
7 Senators, which included Republican Senators Rob Portman, Mark Kirk, and Ron Johnson,
8 the Senators urged then-Ukrainian President Petro Poroshenko -- and this is in February
9 of 2016 -- to, quote, "press ahead with urgent reforms to the Prosecutor General's
10 Office."
11 And, Mr. Schwerin, are you familiar with the October 3rd, 2019, podcast of The
13 A I am not, no.
14 Q Well, on that podcast -- again, the October 3rd, 2019, episode of The Vicki
15 McKenna Show -- Senator Ron Johnson, one of the Republican signatories of that letter,
16 appeared. And in his interview, he stated, "The whole world, by the way, including the
17 Ukrainian Caucus, which I signed the letter -- the whole world felt that this -- that Shokin
18 wasn't doing a good enough job. So we were saying, hey, you've got to rid yourself of
21 [Recess.]
23 Just a couple housekeeping items. The gigantic chart we handed you, just for the
24 record, was prepared by Federal criminal law enforcement investigators -- sworn law
25 enforcement investigators for their work on their case. Wasn't prepared for Congress.
123
2 So the idea that this document contains cherry-picked emails and other related
3 messages isn't fair. These documents were considered relevant by the law enforcement
5 The reference -- we were asked a question during the last round about the initials
6 SCR: which show up, and we've been able to refresh our own recollection that that
7 stands -- those are the initials of the agent who entered the information. So there's an
8 FBI agent, who we're not going to put on the record to spare that public servant, but those
10 The one other item we would point out, there was a lot of -- you know, these
11 deposition transcripts introduced from the 2019 impeachment. These obviously are
12 cherry-picked -- cherry-picked excerpts for these various witnesses. And I would like to
13 just note for the record that the question is, what was the U.S. Government's position prior
14 to Hunter Biden calling D.C.? And I think the record is certainly mixed. And these
15 officials who are -- certainly Yovanovitch, as a political appointee, is obviously looking back
19 BY MR. :
21 I'm just trying to get an estimate of about approximately how much those companies
22 were making in revenue, I'll just say 2011 to 2015-ish, around that timeframe. I believe
1 Q Can you give us a little background on how someone who has an advisory
2 company, do you take a retainer? Do you bill hourly? How does that work with
3 clients?
7 A Correct.
8 Q And then that monthly payment would stay approximately the same per
9 month, even -- let's say you put in a ton of work one month, and then the next month you
10 put in less work, would it approximately be about the same month payment for the
11 retainer?
12 A It was the same. The contract would be for x-thousand dollars a month for
13 12 months, and it would stay the same for the length of that contract.
14 Q And the monthly retainer for a client, can you give an approximate amount?
16 A I think it's depending on the client. It could vary between 5,000 a month
18 Q And part of the reason that you're able to charge that amount per month is
20 A Yes.
21 Q You have a strong background working in, I'll say somewhat high-level
23 A Correct.
24 Q You have different licenses that you've obtained through your financial
25 background, correct?
125
1 A Correct.
2 Q And now I want to get to when you first started doing these administrative
4 How did it come about -- and I'm just going off your letter -- in 2009 approximately
6 A Yeah. I think I said -- I mentioned before the -- because the Vice President
7 was transitioning into a new role and he was moving from just one residence in Delaware,
8 he was going to have two, both his home in Delaware and then at the Naval Observatory,
9 and be traveling a lot, he -- he knew that he needed to have a different system set up to
11 I don't recall who thought of the suggestion, whether it was myself or Hunter or
12 the Vice President, but there was a discussion that I would be a good person to do that.
13 I had sort of handled -- I'd done that with Hunter personally but also with our business
14 and had that skill set, and the Vice President had known me for 10 years personally and I
16 Q What did that entail doing regularly? Like, did you have to get his mail and
17 open the mail and go through and make sure the bills were paid? How did that work?
18 A Well, what we tried to do initially -- "we" meaning myself and the Vice
19 President -- was set up as many of the bills through autopay online and have as many of
20 the bills come via email to avoid having to deal with the U.S. mail, because I think the
22 For the bills that could not be done that way, there were paper bills, and the
23 Secret Service would give the bills or any mail to the Vice President. He would go
24 through it, figure out what was personal to him, what were bills that needed to come to
25 me, and then those would be handed off to me, and I would take care of them or have a
126
2 Q How were the bills separated personal to him versus what would go to you,
3 Mr. Schwerin?
4 A He did that.
5 Q But what was the basis? Like, what was the -- what was the -- did you
6 notice that certain bills came to you versus other bills that he retained?
7 A I believe if there were any bills, they would come to me. So when I say
8 personal, if it was a handwritten letter from, you know, a cousin, he would keep that.
9 But anything that was related to his household finances, in general, would come to me.
10 Q So you were in charge of basically all of his household finances, then, at least
12 A Correct.
13 Q What accounts were being used to pay for Joe Biden's household finances?
14 A So there was one account that was the primary account for that, and I had
15 authority for that account along with him. And that account was just -- that was the
16 main account where his income went into it, and we had budgeted out that there was
17 going to be enough income coming for the regular expenses, you know, including the
19 Q Just so I have it correct, you were on an account with -- a bank account with
20 Joe Biden?
23 A I also had signing authority for -- of some of Hunter's accounts too, yes.
24 Correct.
25 Q For Hunter Biden, you had both -- signing authority for both personal and
127
5 Q This account that you had with the President, what bank was it with?
7 Q Did you have any other type of signatory authority over any other bank
9 A No. I had no other signatory authority. I had -- did have the ability
10 to -- online access to a couple of other accounts that were more like savings, discretionary
11 accounts.
16 discretionary bill payment. It could have been a checking account that was used for that
17 purpose, but that was not the majority -- the bills were not being paid out of that.
19 A I believe one might be TD Bank and I believe one might be M&T Bank.
20 Q I just want to make sure I have this right. You had signatory authority over
22 A Correct.
23 Q And then you had online access to two other accounts that weren't your
24 everyday personal checking accounts. They were a TD Bank account and an M&T Bank
25 account?
128
1 A Correct.
2 Q Other than those three accounts, did you have access to any other bank
4 A Not that I recall. It's possible, but those are three in my mind at this point
6 Q So if he has other accounts than those three bank accounts, you wouldn't
8 A If he had had an account, I had the ability to get all of the statements as we
9 were preparing the tax returns and the financial disclosure statements. So even if I
10 didn't have access -- online access, there was a process at the end of the year where we
12 Q Who is we?
14 Q Did Hunter Biden have any authority over any of these accounts?
15 A Not to my recollection.
18 Q Did Hunter Biden and Joe Biden have any bank accounts together?
19 A Not to my recollection.
24 Q And do you remember which credit card company that was through?
25 A I do not.
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5 think maybe a Bank of America card and potentially Chase. But those are -- oh, and
6 then there was a bank at Wells Fargo. I don't know if they were credit or debit, but to
8 Q Do you recall any times where Hunter Biden made any type of payments for
10 A Nothing -- I do not recall anything. It's possible there were small things
13 Q Sure.
14 A Payments that were -- that he paid for and was not paid back or reimbursed
15 for, or --
16 Q Any payments that may have been reimbursed later, any payments that you
18 A Yeah. I do know that they -- that Hunter had a -- I think it was with
19 AT&T -- cell phone account, and his dad had a phone line on that account. Like a friends
20 and family account. So Hunter would pay the full bill and his dad would reimburse him
24 Ms. . Twenty-two.
25 Mr. . Twenty-two.
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5 BY MR. :
6 Q I'm just going to read into the record and ask if this refreshes your memory
10 Seneca.
11 "Your dad's Delaware tax refund check came today. I am depositing it in his
12 account and writing a check in that amount back to you since he owes it to you. Don't
13 think I need to run it by him, but if you want to, go ahead. If not, I will deposit
14 tomorrow."
15 Does this refresh your recollection of any other payments that Hunter Biden may
16 have made on behalf of his father, and then it appears that a refund check was then paid
18 A Yeah. My recollection is that that's what this is referring to. That this is, I
19 think, 2010. I think that there were a number of months -- and I don't know the
20 amount, but probably no more than 6 -- where Hunter had been paying his dad's cell
21 phone bill, and we were going to have his dad pay him back once that happened. I think
22 his dad reimbursed him on a monthly basis, but there was like a 6-month -- as we initially
24 Q How many hours -- this seems like a lot of work that you're doing here,
25 getting all of the documents, making sure that the bills are being paid, compiling all of
131
1 these bank statements. And how many hours did this take you to do?
2 A On a --
3 Q On an annual basis.
4 A I don't know how much on an annual basis, but it didn't take a lot of time in
5 that a lot of things were very automated. I mean, a lot of it was by autopay.
6 And the real work probably came in tax season and financial disclosure statement
7 time. But since, again, most of it was online, it really just involved printing something
8 off, emailing it to the accountant. You know, it was only if there was some specific issue
9 that came up where he, you know, wanted something different or out of the ordinary to
10 happen, but there were plenty of times where it just was going on a normal cycle.
11 Q And was there any discussion about you being paid for this work?
13 Q It would seem that, given your experience and how much you do charge a
14 typical client for your services, this seems to be quite the service for the Vice President.
15 A Well, I mean, I looked at it as doing a favor for a friend, and this was very
16 different from the work that we did on a daily basis with Rosemont Seneca Advisors, and
17 as I said, it didn't take that much time. The goal was to set it up in a way where it didn't
18 take either him or myself very much time at all if it was being run properly.
19 Q And was there ever a discussion between you and Hunter Biden or you and
20 the Vice President where there was the issue of the same person who is overseeing
21 Hunter Biden's financial records is also overseeing Joe Biden's financial records?
22 A No more than, I think, Hunter saying to me, look -- or to his dad -- Eric did a
23 good job helping me set this up, so I would recommend that, you know, we do -- he do
25 Q Isn't it an issue that you were getting quite a bit of access to the White
132
1 House too? I mean, during your time when the Obama administration, reports are that
3 So just from an optics standpoint, you're doing free work for the Vice President
4 doing all his financials. Hunter Biden is your partner in business. You're overseeing all
5 of his financials. You're advisors. You're not lobbyists, but you're getting all this access
7 A I don't know -- a lot of those visits, as far as I'm concerned, were -- and
8 remember -- were related to helping the Vice President with his finances. So there were
9 times I would go over there and sit down with him, particularly as we -- on these annual
10 bases for these meetings, but also, a lot of it was to go pick up these bills.
11 So a lot of times I would get a call from his assistant who would say, the Vice
12 President has bills that he needs to get to you. I would be in the neighborhood, and I
14 The intent a lot of times was his assistant would run out and give them to me.
15 Invariably, I found that I'd get there and they would say, we're swamped. We can't even
16 get out of here. Let me quickly clear you in. You can come in and pick them up and go.
17 So I feel like that -- my recollection is that was a lot of those visits to the White
18 House.
19 Q Did you ever facilitate any of your clients for Rosemont Seneca Advisors or
22 Mr. . Did you ever provide names to the Vice President's office for
23 dinners or -- you know, if they were asking for names to suggest for dinners or anything
25 Mr. Schwerin. Certainly for -- yeah. Well, for social events, whether they're,
133
1 you know, Easter Egg Rolls or, you know, holiday parties, we did provide names to people,
2 and a lot of them were personal friends or friends of Hunter's and Kathleen's. It ran the
3 gamut.
4 Mr. William Farah. Would you clarify? Was that to the Vice President or to his
5 office?
8 Mr. . I would imagine the Vice President wasn't coordinating with you
14 BY MR. :
17 Q What kind of events did you go during that administration at the White
18 House?
20 Q Both.
21 A I know that I went to a number of Hanukkah parties that they had or just
22 holiday parties at the Naval Observatory. I'm trying to think what else. I think there
23 were some times when we were invited to a state arrival ceremony on the South Lawn for
25 Q Would people ever reach out to you to get tours at the White House?
134
5 Mr. Schwerin. I don't recall any specific clients that would have done that.
6 Again, it's possible, but I don't -- you know, if someone we knew asked if they could get
7 something that was, you know, available publicly, we were happy to help facilitate, do
8 that. You know, the same way someone would call a Member of Congress' office to get
10 Mr. . But you weren't the Vice President's office. You weren't that
11 congressional office.
13 Mr. You were Hunter Biden and your own separate business, right?
16 Mr. . Okay.
17 BY MR. :
18 Q This SunTrust account where you are the only -- where you're the signatory
19 authority over it with Joe Biden, if we were to subpoena this account, is your testimony
20 here that the only deposits into this account would be Federal Government employment
21 deposits?
23 Q Yes.
24 A Well, no. I mean, I don't know if -- I can't say that Jill wouldn't have put
25 money in that she owed him for something that they were going back and forth with or,
135
1 you know, a grandchild or someone wouldn't have put money in. The only income that
3 Q And did he have this checking account prior to when you added -- you were
7 A I don't know the total number. I remember there was three banks, but I
9 Q Did you ever have any conversations with Hunter Biden or anyone else about
11 A I don't know about jobs per se, but we did have discussions as to
14 A You know, there was two efforts, I know, going on related to the University
15 of Delaware and the University of Pennsylvania. There was a point in which I and
16 Hunter were a little more involved in the discussions related to the University of
17 Delaware, and there were institutes set up and whether -- how it would all be structured
19 Q Were you or Hunter also going to get a position with any of those
21 Pennsylvania?
23 Q After you performed -- well, while you were performing free services for the
3 Abroad.
5 A I believe that there was a conversation when the Vice President was
6 first -- you know, in 2009, when he first got into office, I think one of his staff said to me
7 that, you know, would you be interested in being on one of these boards or commissions?
8 I understood that -- my assumption was that it was something that, you know, the Vice
9 President had signed off on, but I would think it was someone from the staff who said, we
10 can put your name forward to Presidential Personnel, and they would, you know, give
13 Mr. Schwerin. It was not till in the second term of the Obama administration.
15 Mr. Schwerin. If you think that that sounds about right, yes.
16 BY MR. :
17 Q Did you have any discussions with anyone about Vice President Biden taking
23 A Oh, book deals. Oh, yes. I think -- at one point, I think an agency had
24 reached out to me -- I'm not sure why they did, but -- about -- that they wanted to
25 represent the Vice President on a book deal. I don't think they ever did, but --
137
4 A That was through Devon. I don't know how they developed a relationship,
7 A I don't, no. I don't even want to -- I think I met him at least once or twice,
10 A Yes.
12 A Jonathan Li was the CEO of BHR Partners, which was a Chinese private equity
13 fund.
15 A Yes.
16 Q Where?
18 Q When you met him in the U.S., who was with you?
19 A I think the very first time I met him -- I think Hunter and I met him -- I don't
20 know if we met him for the first time together or the first time I met him. I think there
21 was a lunch and Hunter was there as well. I don't know who else. I can't remember
24 A He was not.
1 A If I recall, it was very -- it was, you know, 2010, 2011, and I think Jonathan
2 was telling us about Bohai, which was his private equity fund at the time, and he was just
3 sort of talking about his thoughts about what he would like the next iteration of Bohai to
4 be.
7 Q Yes.
9 was the very first Chinese private equity fund, and the fund had already been invested,
10 and money was being returned back to investors. So he didn't want to just have Bohai
11 fund II. He wanted to bring on additional partners to grow the fund and sort of get onto
12 the next stage and make it something more -- you know, more interesting to him.
14 A I did not receive a share until I think it was probably 2017. Hunter and I
17 A Yes, correct.
20 took until March of 2019 to go through all the legal things. So, I mean, officially, it was
21 March of 2019.
22 BY MR. :
24 Skaneateles?
1 Q Okay. When you sold your stake in BHR to Hunter, how much did you sell it
2 to him for?
4 Q Okay.
5 A And so there was no cash exchange. I took the RSP investments business,
6 he got the BHR and the Rosemont Seneca Advisors business. So it was just a swap -- an
8 Q Okay. And as a financial professional yourself, what did you value your
9 percentage stake in BHR? When you're valuing up all your assets to do this swap,
10 presumably you did some valuations. What did you value your stake and your portion
11 of BHR to be?
12 A I believe that the valuation of it was based on the registered capital that was
13 put into the -- there was a valuation that BHR had done, how much each person's share
14 would be, but I thought that -- thought it was -- about $450,000 was the value of our 10
18 Q Okay.
19 A Yeah.
21 conglomerate?
22 Mr. Schwerin. Extremely limited. I was only in one meeting. It was, I believe,
25 A I don't recall the date. I thought it was maybe 2016, but I'm not sure.
140
4 Mr. . And, again, I'm not going to ask you to authenticate it.
5 BY MR. :
7 A Yeah. Thanks.
8 Q Looking at this document, exhibit 23, it's a -- subject line, "Draft CEFC
9 Document." From, it appears to be you, to Hunter Biden, dated July 1st of 2016.
12 A I do not.
14 A I do not, no.
16 Seneca -- the person who would have Rosemont Seneca documents would be Hunter
20 A No. Hunter got all of those when we unwound our business. Yes.
21 BY MR. :
23 A Once.
3 A To New York for a taping of "The Late Show With Stephen Colbert."
5 A I do.
7 A Yes, I do.
8 Q Just wondered if you've seen the public reporting that there's pictures with
9 Joe Biden and Hunter Biden and them. Have you seen those pictures? Are you
12 Q As far as the coordination of getting them into the White House to see Joe
13 Biden, did you have any involvement with getting them access to the White House?
15 believe it was the White House. I thought it was the Naval Observatory, but --
16 Q Did people ever come to you to have a meeting or get access to the Naval
17 Observatory as well?
20 A Not a meeting, no. I mean, the only thing related to the Naval Observatory
21 would be there were holiday parties there so, you know, from that point of view, but no
23 Q Okay. But did people ever contact you to get access to the Naval
25 A For a party?
142
1 Q Right.
2 A I think there were people who definitely had -- knew that the Vice President
4 Q Okay.
5 A -- and had said, hey, I'd be interested in attending that at some point. So
6 yes.
7 Q Okay. So they would reach out to you and say, I'm interested in attending,
8 and then you would communicate that over to the VP's office?
9 A Well, I would mostly clear it with Hunter, and -- you know, this person
10 reached out to me and said they want to be invited to this holiday party. Is it something
13 Were you at that meeting when Miguel Aleman and Carlos Slim -- do you know
16 Q Okay. Do you know who else was there for those meetings?
19 BY MR. :
20 Q Going back to Jonathan Li, I don't think we got into the meeting in China. I
21 think you said there were two meetings. The second time, I thought you said you met
23 A You did. I don't know there were two meetings. I mean, there may have
24 been more. I went to China a few times when I was -- when Hunter and I had the share
25 of BHR for board meetings. So I saw him there for board meetings.
143
2 A Yes.
4 A Hunter and I never attended a BHR board meeting together. I was not
5 there with him at the same time. Normally, if he was not able to go, that's why I went
6 instead.
7 Q And then when you were compiling all of the documents for Vice President
8 Biden, did he ever give any loans, that you can recall?
10 Q So he never gave any loans based upon the bank records that you reviewed?
11 A That's correct, yes. And I should differentiate what -- the period of time
12 that I -- from 2009 through the end of 2016 is when I had -- you know, was the period of
13 time that I helped him with the taxes and financial disclosure forms.
14 The -- through 2017, I still was helping him with his household finances. That
15 was a transition year as he was becoming a private citizen. So because taxes are due in
16 the end of -- in 2018 for 2017, I was no longer doing that. So certainly through the 2016
18 Q All right. So if there were loans made in 2017, you wouldn't have seen
19 them potentially?
21 BY MR. :
24 Q Okay.
5 account?
6 A Sometime in 2017 -- towards the end of 2017 when I stopped this role with
7 him.
9 Blinken -- Antony Blinken's personal email address at Hunter's request. Why did you
11 A My assumption is that Hunter had asked me for Tony's email address and I
12 sent it to him.
13 Q Were you good friends with Mr. Blinken? I guess, like, how did you have
15 A Yeah. I had known Tony as a friend. He and I both worked in the Clinton
17 Q And did Hunter ever tell you why he needed the email address?
19 Q Do you know if Hunter ever met with Mr. Blinken while he was a
24 A I'm sorry?
25 Q Is that the only time you think he met with Mr. Blinken?
145
1 A I think it was the only time, yes, that I can think of. Yes.
2 Q Okay.
3 BY MR. :
4 Q How did your arrangement with the Vice President and former Vice
7 becoming a private citizen would be a lot of transition for him, and so he and I talked
8 about it, and I said, let me help you get -- you know, make this transition, and then you
10 Q So it was an amicable --
11 A Yes.
12 Q -- separation?
13 A Yes.
15 A I do not.
17 A Because I've been advised by counsel, due to all the investigations going on,
19 Q Okay. But prior to the prospect of any investigations, when was the last
24 A I do, yes.
25 Q Okay. How did your relationship come to an end with Hunter Biden?
146
1 A So throughout 2017, the -- you know, it was obvious that Hunter was doing
2 more stuff, whether it was CEFC or some of the stuff with Romania, and doing less work
3 on the Rosemont Seneca Advisors side. Also, given some of the press during his divorce
4 regarding his addiction problems and some of the other stuff, I think it was -- there was
7 Over the course of 2017, you know, his addiction was worsening throughout that
8 period. I was hoping that we could unwind in a way that was sort of more -- you know, I
9 don't even want to say amicable but, you know, just where there's an orderly transition.
10 But I think by 2017, his addiction was just at a point where it just got too much
11 and, you know -- so I think the actual way was, in 2017, he said I was fired, but -- yeah.
12 So I moved out of the office, and then we just started the process, through lawyers, to do
13 it.
14 Q Were you working for him at that point where he was able to fire you?
15 A No. No. He said that, but it was not true. I mean, it was the craziness of
17 Q Okay.
18 A No. We were partners, so -- but I got the message that we just needed to
20 Q Okay. And there was -- you know, there was a news account -- I'm sure
21 you're familiar with it -- where he accused you reportedly of negligence and defamation.
23 A Hunter was very angry at me and a lot of people who were trying to get him
24 help with his addiction, and he lashed out in any way that he could, and that was one of
1 Q Okay. And he was just mad at you for trying to get him help?
2 A Yes. Yeah. I mean, I was talking to, you know, friends and his family
3 members, his children. You know, there was a big effort to try and get him help, and he
5 Q Okay. And have you mended fences with him since 2017?
8 A Yeah. I think maybe there was one conference call we did with an attorney
9 in 2019 as we were finalizing the separation which he may have been on, but that would
11 Q Okay. Are you familiar with a loan that Rob Walker made to Hunter Biden
12 for $50,000?
14 Q And I don't think we need to introduce the exhibit. We've all talked about
15 it in other interviews. But there's a 302 -- an FBI 302 with Rob Walker where he says
16 that he made a loan to Hunter Biden for $50,000, and he comments that you, Schwerin,
17 told Rob Walker that -- you know, good luck getting that money back.
18 A Yeah.
21 Q Was that the only loan that you were aware of that he made to Rob Walker?
24 A I believe so, yeah. I knew that Rob had loaned him money. I don't know
25 if it was one loan or two loans or it was just that $50,000 loan, but yes.
148
1 Q And the reason you mentioned to Mr. Walker good luck getting that paid
3 A Because Hunter was in full-blown drug addiction and any money he got in
5 Q Okay. Are there any other similar loans that an individual may have made
7 A I don't recall with specificity, but there may have been, yeah. At that point,
8 Hunter was asking people for money, and then he was telling people he'd pay them back,
9 and that was -- you know, I didn't believe that would be the case.
10 Q Okay.
11 BY MR. :
12 Q Did you ever meet with any U.S. ambassadors during the Obama-Biden
13 administration?
15 Q Correct.
16 A Not that I can recall. The only one -- I mean, a former U.S. ambassador, as
17 a friend, was Mark Gitenstein, but I don't know that -- any that were currently in office.
19 Q Okay. On April 24th of 2014, it was reported that Hunter Biden met with a
20 Chinese ambassador with Jonathan Li. Were you there for that meeting?
22 Q Do you know if Hunter met with a Chinese ambassador with Jonathan Li?
23 A I don't recall.
3 Q Okay.
4 A And I believe -- I remember Hunter and I going to meet with the Qatari
5 ambassador to the U.S. at one point. Those are the two off the top of my head.
12 Q Who is her?
15 A I remember her first name is Hunaina. I can't remember her last name off
18 A I think there were a variety of reasons. We had met her at this wedding.
19 We were talking, and she said, I'd love for you to come over to the embassy. I think that
20 was also at a period in time where -- whether it was for Rosemont Realty or Rosemont
21 Seneca Technology Partners, there was an effort to try and see if it was worth trying to
22 solicit sovereign wealth funds for investment into investment products. And so we were
23 trying to just sort of do some due diligence and try and figure out, you know, their
24 interest level.
3 Q Okay. Are you aware -- and then the Qatari meeting, do you remember
5 A I don't remember when that happened. It was probably around the same
6 time.
12 A I think it was very similar. We were just trying to assess what types of
13 things the Qatari sovereign wealth fund was investing in, and we had clients that were
14 third-party funds that were looking to raise money. We had, you know, potentially
16 And, you know, you go into those meetings and you say, you know, what
17 industries are you looking for? What types of funds do you invest in? What's the
19 Q Did Hunter ever travel to Doha to speak at a conference where it was either
20 the Omani or Qatari Embassy paid for his flight over to Doha?
23 A Yes.
1 Q Was there any discussion at your meetings with the Qatari or Omani
4 may have met with the Qatari Ambassador or talked to him on the phone a second time
5 after we had that meeting, and that may have been when that invitation was issued.
7 just -- do you have any awareness of the embassy -- any sort of embassy ever paying
10 Q Okay. And then I want to go back to something you said earlier. The
11 mechanics -- just on the mechanics of the payment -- the reimbursement for the wireless
12 bill.
13 How did the mechanics go of Joe Biden reimbursing Hunter Biden as far as making
14 the payment?
15 A I'd write a check out of Joe Biden's account and deposit it in Hunter's
16 account.
18 A Yeah.
20 A It was 100, 120 bucks a month. What a regular cell phone bill would be.
21 Q Okay. And it's your recollection that it was about 6 months? That was
22 the only timeframe that Hunter was making the payment for Joe Biden's wireless bill?
24 Q Okay.
25 BY MR. :
152
1 Q Do you know if Joe Biden had a U.S. Senate Federal Credit Union account?
7 Q In this SunTrust account where you had signatory authority, would you also
8 see any transactions between Jim Biden or Sara Biden and Joe Biden at any point?
11 A It was a very vanilla, boring account. The salary check went in and, you
12 know, a set 10 to 15 expenses went out every month. It was not -- nothing that I ever
14 Q And I have to ask this question a different way. I'm just going to ask you to
15 please be patient.
16 You don't have any recollection of a loan from James or Sara Biden or any of their
17 companies that Joe Biden gave them that you can recall?
19 BY MR. :
21 $7,500 out of the Rosemont Seneca Advisors account. Do you have any -- what those
22 wires were for -- what those regular payments were for to a China bank?
23 A I do not, no.
1 Q -- Chinese clients that banked over there that were clients of Rosemont
2 Seneca Advisors?
5 Q That's right.
7 Q And then I --
8 A Just one -- it did not have the payee? It just had the bank, correct? When
11 A I can't identify --
12 Q -- in China.
14 Q Okay.
18 Mr. Schwerin. He probably could have. I don't recall any instances when he
19 did.
20 BY MR. :
21 Q And then when you were talking earlier, you said that Seneca Global
23 How long did the Seneca Global Advisors bank accounts continue to operate for?
24 A I don't know. It didn't end in 2009. We -- Seneca Global Advisors held the
2 There was a point when we closed down a couple of the entities to make it -- to
3 make them -- they were duplicative. There were some duplicative entities. So we
4 went through at some point, I don't know, maybe 2014, '15, and closed down a few of
5 them. And so we probably would have closed down Seneca Global Advisors, and I think
6 then Skaneateles ended up holding the interest in Rosemont Seneca Partners. But
1 [3:47 p.m.]
2 BY MR. :
5 Q For who?
7 Rosemont Seneca Partners, the three of us, through Seneca Global Advisors.
8 Q Got it. Okay. So why were there payments from Rosemont Seneca
11 Seneca Advisors. So, when Rosemont Seneca Advisors made distributions to the
12 partners of Seneca Global Advisors, they would pay them that way.
16 written -- there was a waterfall. So there was a set amount of money that went into
17 Rosemont Seneca Advisors that immediately went out to Seneca Advisors, and anything
18 over that, then, went into Rosemont Seneca Partners to be paid to all the partners.
19 Q And who was responsible for paying the taxes -- filing the taxes and paying
24 A Was --
25 Q -- wasn't an entity?
156
2 Partners would -- I'm trying to go back. But one of them -- one of those was
3 disregarded. I believe we filed -- if I recollect, I believe we filed the taxes via Rosemont
5 Q But wasn't Rosemont Seneca Advisors collecting the fees that you were
7 A It was, yes.
8 Q But you didn't file tax returns for Rosemont Seneca Advisors?
10 another entity, that entity -- the taxes are paid at the top level.
11 BY MR. :
16 A Yes.
18 A Correct.
21 Q Who is that?
23 Q "261penn"?
1 A That's my understanding from -- I never used that email, so I don't know, but
3 Q Are you familiar with any other names that Joe Biden would use, where you
4 corresponded with any other names that Joe Biden would use?
6 email address.
9 Q And you would email him from a private Gmail account as well?
10 A Correct. Yes.
11 Mr. . Can I just ask one more followup? Is that all right?
14 BY MR. :
17 Advisors.
18 Q Okay. And how much did you sell Rosemont Seneca Advisors to Burnham
19 for?
20 A It was -- the agreement was that it was being sold for a predetermined
22 Q Okay.
23 A Once Burnham blew up after Devon's indictment, the agreement was moot,
25 don't recall that it was even a year of that relationship with Burnham.
158
3 Q Where did you collect the salaries to? Like, where did you collect your
5 A They -- I don't recall if they were paid at the Burnham level or the Rosemont
9 Q Yeah. So, when Burnham paid you the salary that you agreed upon for
10 selling your advisory business, how did they pay you? Burnham to -- was it to your
12 A No -- and that's what I was saying. I don't recall -- and it may have been
13 one and both -- whether we were salaried employees of Burnham that would then go to
15 Q Okay.
17 salaries were being paid by Rosemont Seneca Advisors. But either way, it went to our
18 personal accounts.
20 And if there were payments from Rosemont Seneca Advisors to Burnham, what
22 A I don't recall. There was also -- the way that the agreement was
23 structured, there were certain expenses that Rosemont Seneca Advisors had to pay to
24 Burnham for -- if there was a discrepancy in the income -- I don't recall the specifics of the
25 agreement, but I do recall at some point we had to pay Burnham for maybe a deficit in
159
4 Q Okay.
5 Jake?
6 BY MR. :
10 A Yeah.
11 Q What was the business relationship between your entities and the Harvest
12 Group?
13 A Harvest one of the partners in BHR. It was the "H." It was Bohai Harvest
16 A I was over in China, I believe, for a BHR board meeting, and I think he had
17 hosted a lunch for a bunch of people there, and so I met him there. I think it was the
19 Q Were you ever familiar with any interest in Henry Zhao wanting to do any
20 kind of side -- other arrangement with Hunter Biden besides the BHR deal?
22 Q Are you aware of any arrangement that Henry Zhao approached Hunter
24 A I think there was some -- from what I recall, there was some interest on
25 Harvest's part in operating a U.S.-based mutual fund, and because Burnham operated
160
1 mutual funds, there was some interest in doing that with Burnham.
4 Thank you.
5 [Recess.]
7 BY MS. :
8 Q Mr. Schwerin, do you recall more precisely at what point in 2017 you were
11 Q And by the summer of 2017, were you starting to wind down that financial
12 relationship?
14 Q Continued?
17 BY MR. :
18 Q And your work assisting then-Vice President Joe Biden with his personal
20 A Correct.
22 I'd like to introduce for the record exhibit 24, the February 12, 2016, letter from
23 members of the U.S. Senate Ukraine Caucus to Petro Poroshenko, the President of
24 Ukraine, urging President Poroshenko to, quote, "press ahead with urgent reforms to the
2 Portman and Ron Johnson. And, as we discussed previously, Senator Johnson described
3 this as his support for, at the time, for the firing of Prosecutor General Shokin.
6 BY MR. :
9 Am I correct that you are not in a position to authenticate these emails, which are
12 Mr. Yes.
14 BY MR. :
17 maintained by Garrett Ziegler, former Trump White House administration official who
18 worked for Peter Navarro, who, according to press reports, got what he purports to be a
19 copy of the hard drive from Hunter Biden's laptop from Rudy Giuliani.
22 Hearing nothing, I'll assume that these are from that website.
23 And, with that, Mr. Schwerin, I think we've asked you before, but this transcribed
25 Biden, so I want to ask you: Are you aware of any evidence of any wrongdoing by
162
1 President Biden?
2 A I am not.
1 Certificate of Deponent/Interviewee
4 I have read the foregoing ____ pages, which contain the correct transcript of the
9 _____________________________
10 Witness Name
11
12
13 _____________________________
14 Date
15
Memorandum: ERRATA Sheet Attachment to the Transcript of Mr. Eric Schwerin’s Interview
Before the House Committee on Oversight and Accountability and House
Committee on the Judiciary (January 30, 2024)
Re: Submitted Corrections by Mr. Eric Schwerin’s Counsel to the Transcript of Mr.
Schwerin’s Interview Before the House Committee on Oversight and
Accountability and House Committee on the Judiciary (January 30, 2024)
ERRATA