Americans in Nashville weigh in on Hunter Biden’s business dealings and whether the first family did anything illegal. House Oversight Committee Chairman James Comer has revealed new evidence suggesting that President Joe Biden received a $200,000 direct payment from his brother James Biden and sister-in-law Sara Biden in 2018. Comer, who has been leading an investigation into the Biden family’s business dealings, is demanding answers from the president regarding these “financial arrangements” with his family members.
In September, Comer issued subpoenas for the personal and business bank records of Hunter Biden and James Biden. Bank records obtained by the House Committee on Oversight and Accountability have revealed the $200,000 payment from James and Sara Biden to Joe Biden in the form of a personal check. This payment came shortly after James Biden received $600,000 in loans from Americore, a financially distressed rural hospital operator. Comer questions the timing of the payment and its connection to the family’s business dealings.
According to Comer, bankruptcy court documents indicate that James Biden received these loans based on the belief that his last name could open doors and secure investments from the Middle East. On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden’s personal bank account, and on the same day, James Biden wrote a $200,000 check from that account to Joe Biden. While James Biden claims it was a “loan repayment,” Comer finds it troubling that Joe Biden’s ability to be paid back depended on the success of the family’s financial dealings.
Comer has demanded that President Biden provide documents proving the existence and terms of this large loan to his brother and clarify if similar financial arrangements were made with other family members. He also questions whether the president was aware that James Biden had just received a loan for the same amount from a financially distressed company.
The House Oversight Committee plans to announce further investigative actions and continue following the money trail. The White House, however, denies any wrongdoing by President Biden, stating that the committee has found zero evidence of misconduct. They argue that the investigation is a political stunt to distract from the Republicans’ inability to govern effectively.
Despite the White House’s dismissal, Comer maintains that his investigation has uncovered significant payments made to the Biden family and their business associates by individuals and companies in China, Russia, Ukraine, Kazakhstan, and Romania. These payments totaled over $24 million between 2014 and 2019, with Joe Biden being marketed as a global brand.
The investigation led by Comer, along with House Judiciary Committee Chairman Jim Jordan and House Ways & Means Committee Chairman Jason Smith, is part of the House impeachment inquiry against President Biden. The committee plans to delve further into the Biden family’s business dealings and the potential implications for the president’s actions.
In conclusion, the House Oversight Committee’s investigation has revealed new evidence of financial arrangements involving President Joe Biden and his family members. While the White House denies any wrongdoing, the committee plans to continue its inquiry, citing significant payments made to the Biden family from various foreign entities. The investigation is part of the broader House impeachment inquiry against President Biden.
