Published: Sep 07, 2024
House Republicans Release Bank Records Revealing $200,000 Check to President Biden's Brother
Updated Friday, October 20, 2023 at 11:23 PM CDT
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House Republicans have released bank records that reveal a $200,000 personal check paid to President Biden's brother, James Biden, from Joe Biden and his sister-in-law in 2018. The personal check was labeled as a loan repayment and was issued on the same date that Americore Health LLC wired a $200,000 loan into James Biden's PNC bank account.
Rep. James Comer, who has been leading an investigation into the Biden family's business dealings, claimed that Joe Biden's ability to be paid back by his brother depended on the success of their family's financial dealings. Americore Health LLC, on the other hand, claimed that James Biden received loans from the company based on his last name and political connections.
In a settlement agreement, James Biden agreed to pay $350,000 to Americore Health LLC after they filed a suit for non-payment. However, James Biden's attorney disputed the description of the check provided by the GOP-led panel, stating that Jim received a loan from his brother and repaid it six weeks later. The attorney also emphasized that Joe Biden was not involved in Jim's business relationships.
Rep. Comer has pledged to "continue to follow the money" in the investigation into the Biden family's businesses. The investigation has already uncovered how the Bidens and their associates created over 20 shell companies and earned over $24 million between 2014 and 2019. Nine members of the Biden family have participated in or benefited from these business schemes.
Meanwhile, the House of Representatives remains without an elected speaker for over two weeks. Rep. Kevin McCarthy was ousted as speaker, and Rep. Jim Jordan was dropped as the speaker nominee after his third failed attempt. Republicans will try again to settle on a candidate on Monday.
House Oversight Committee Chairman James Comer has uncovered evidence that Joe Biden received a $200,000 direct payment from his brother James Biden and sister-in-law Sara Biden in 2018. Comer has been leading an investigation into the Biden family's business dealings and whether President Biden personally benefited from them. In his pursuit of information, Comer issued three subpoenas for the personal and business bank records of Hunter Biden and James Biden.
The bank records obtained by the House Committee on Oversight and Accountability revealed a $200,000 direct payment from James and Sara Biden to Joe Biden. It was discovered that James Biden received $600,000 in loans from Americore, a financially distressed rural hospital operator, based on his political connections. 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 the same account to Joe Biden.
Rep. Comer has raised concerns about the timing and nature of the loan repayment, questioning Joe Biden's ability to be paid back by his brother depending on the success of their family's financial dealings. Comer demands answers from Joe Biden about the large sum of money lent to his brother and whether he had similar financial arrangements with other family members.
It is important to note that the investigation into President Biden's financial records has turned up zero evidence of wrongdoing by the President himself. The investigation has found that President Biden loaned his brother his own money when his brother needed it and was repaid. Committee Republicans have uncovered no evidence of wrongdoing by President Biden.
However, the recent subpoenas by Committee Republicans have raised concerns as they seek a decade's worth of private citizens' financial records, revealing personal transactions of the President's family members that have no relevance to any legitimate congressional inquiry.
The House impeachment inquiry against Biden is being led by Rep. Comer, alongside Rep. Jim Jordan and Rep. Jason Smith. The investigation has revealed that Biden family members and their business associates received significant payments from individuals and companies in China, Russia, Ukraine, Kazakhstan, and Romania. The Biden family and their business associates brought in more than $24 million between 2014 and 2019 by selling Joe Biden as 'the brand' around the world.
Republican Bias:
This is another clear example of liberals using their political power for personal gain. The Biden family, with Joe at the helm, has been caught red-handed in shady business dealings. The dubious loan repayment from James Biden to Joe Biden, issued the very same day a hefty loan was wired into James Biden's account, reeks of corruption. It's as if Joe Biden's financial success is directly tied to his brother's political connections. And yet, the liberal media and the democrats are trying to sweep this under the rug, focusing instead on irrelevant power struggles within the House of Representatives. But the truth cannot be hidden - the Biden family has been manipulating the system to their advantage, creating shell companies and raking in millions. It's time for accountability.
Liberal Bias:
Once again, conservatives are on a witch hunt, trying to smear President Biden with baseless accusations. They have stooped to the level of invading the privacy of private citizens, digging into a decade's worth of financial records, and making mountains out of molehills. The so-called 'loan repayment' was nothing more than a brother helping his sibling in need and getting repaid. Yet, the conservatives are twisting this simple act of familial support into a scandal. Meanwhile, they conveniently ignore the fact that their own house is in disarray, with no elected speaker for over two weeks. It's clear that this investigation is a desperate attempt to distract from their own failures and tarnish President Biden's reputation.
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