International Courant
Home Oversight Committee Chairman James Comer stated his panel has uncovered proof that Joe Biden, in 2018, acquired a “$200,000 direct cost” from his brother James Biden and sister-in-law Sara Biden, and is demanding the president reply questions on “monetary preparations” with members of his household.
Comer, R-Ky., has been main an investigation into the Biden household’s enterprise dealings since January and whether or not President Biden was concerned in these ventures or “personally benefited” from them.
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Comer, in September, issued three subpoenas for the private and enterprise financial institution data belonging to each Hunter Biden and James Biden.
Comer, in a video posted to “X,” previously often called Twitter, detailing his committee’s newest findings. Comer stated the verify was written by James Biden to President Biden as a “mortgage reimbursement,” however questioned the timing.
“Financial institution data obtained by the Home Committee on Oversight and Accountability have revealed a $200,000 direct cost from James and Sara Biden to Joe Biden within the type of a private verify,” Comer states.
Comer explains that in 2018, James Biden “acquired $600,000 in loans from Americore —a financially distressed and failing rural hospital operator.”
Chairman James Comer, R-Ky. (Tom Williams/CQ-Roll Name, Inc through Getty Photos)
“In response to chapter courtroom paperwork, James Biden acquired these loans based mostly upon representations that his final identify Biden, may open doorways; and that he may get hold of a big funding from the Center East based mostly on his political connections,” Comer stated.
“On March 1, 2018, Americore wired a $200,000 mortgage into James and Sara Biden’s private checking account—not their enterprise checking account,” he continued. “After which, on the exact same day, James Biden wrote a $200,000 verify from this similar private checking account to Joe Biden.”
Comer stated James Biden “wrote this verify to Joe Biden as a ‘mortgage reimbursement.’”
“Americore—a distressed firm—loaned cash to James Biden who then despatched it to Joe Biden,” Comer stated.
However Comer stated even when the cost was “a private mortgage reimbursement, it’s nonetheless troubling that Joe Biden’s means to be paid again by his brother relied on the success of his household’s shady monetary dealings.”
James Biden headshot, brother of US President Joe Biden (AP)
“Some fast questions President Biden should reply for the American individuals: Does he have paperwork proving he lent such a big sum of cash to his brother and what had been the phrases of such monetary association?” Comer requested. “Did he have comparable monetary preparations with different relations that led them to make comparable giant funds to him?”
Comer additionally demanded Biden reply whether or not he knew that the identical day he acquired the $200,000 verify, “James Biden had simply acquired a mortgage for the very same quantity from enterprise dealings with an organization that was in monetary misery and failing.”
U.S. President Joe Biden boards Air Pressure One for journey to Alabama from Delaware Air Nationwide Guard Base in New Fort, Delaware, U.S. March 5, 2023. (REUTERS/Jonathan Ernst)
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“The Home Oversight Committee will quickly announce our subsequent investigative actions and proceed to comply with the cash,” he stated. “The financial institution data don’t finish right here. There may be extra to come back.”
Comer’s findings come amid his months-long investigation. Comer, alongside Home Judiciary Committee Chairman Jim Jordan, R-Ohio, and Home Methods & Means Committee Chairman Jason Smith, R-Mo., is main the Home impeachment inquiry towards Biden.
To this point, throughout his committee’s investigation, Comer stated he has discovered that Biden relations, their enterprise associates and their “associated corporations” acquired “important funds from people and corporations in China, Russia, Ukraine, Kazakhstan, and Romania.”
Comer stated the Home Oversight Committee has discovered all through its investigation that the Biden household and their enterprise associates introduced in additional than $24 million between 2014 and 2019 by “promoting Joe Biden as ‘the model’ around the globe.”
Brooke Singman is a Fox Information Digital politics reporter. You possibly can attain her at [email protected] or @BrookeSingman on Twitter.
Comer raises questions on $200k ‘direct cost’ from James Biden to Joe Biden in 2018
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