House Oversight and Accountability Committee Chairman James Comer held a news conference Wednesday morning to charge that the Biden family received millions from foreign nationals while Joe Biden was vice president, and tried to conceal the source of these funds.
Comer, (R-Ky.) called it an “influence peddling scheme,” and said nine Biden family members are involved. He also said President Biden “has been involved in this from the very beginning.”
The Oversight Committee said in a memo released beforehand that the Biden family and its business associates created more than 20 companies and received more than $10 million from foreign nationals and that some of these payments could indicate attempts by the Biden family to “peddle influence.” The memo said the Biden family appeared to take steps to “conceal the source and total amount received from the foreign companies.”
The committee has subpoenaed four different banks as part of its probe and received “thousands of records in response,” Fox News reported. The memo said the subpoenas were “tailored to specific individuals and companies that engaged in business activities with Biden family members and their business associates.”
Based on the financial records we have obtained via bank subpoenas, we can now confidently trace at least $10 million in total from foreign nationals’ and their related companies going to the Biden family, their business associates, and their companies.
— Oversight Committee (@GOPoversight) May 10, 2023
It’s not clear what services the Bidens provided in exchange for the money, other than access and influence. After noting that Biden told the American people on October 22, 2020, that his son Hunter never made money from China, the committee said that “is a lie based on the bank records.”
— GOP (@GOP) May 10, 2023
“After assuming the vice presidency in 2009, records reveal Hunter Biden and his business associates formed at least 15 companies,” the memo said.
Those companies reportedly include Lion Hall Group LLC; Owasco P.C.; Robinson Walker, LLC; Skaneateles, LLC; Seneca Global Advisors, LLC; Rosemont Seneca Partners, LLC; Rosemont Seneca Principal Investments LLC; Rosemont Seneca Bohai, LLC; Hudson West III, LLC; Hudson West V, LLC; CEFC Infrastructure Investment (US) and others.
U.S. Rep. Nancy Mace (R-SC) called on Attorney General Merrick Garland and the Department of Justice to “get off its ass” and probe the vast allegations.
“The DOJ needs to get off its ass … If these allegations — any of these allegations — are proven true, then someone with the last name Biden needs to be charged, prosecuted, and maybe spend a little time in prison,” Mace said at the press conference.
“The DOG — DOJ — needs to get off its ass … If these allegations — any of these allegations — are proven true, then someone with the last name Biden needs to be charged, prosecuted, and maybe spend a little time in prison.”
— Rep. Nancy Mace (R-SC) on Biden family probe pic.twitter.com/s2oDt0eXpr
— The Recount (@therecount) May 10, 2023
“Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies,” the Oversight Committee said, and incremental payments from foreign companies were identified to Biden family members from different bank accounts “while Joe Biden served as Vice President and after he left public office.”
“In some instances, Biden associates would receive significant deposits from foreign sources into their bank accounts and then transfer smaller, incremental payments to Biden bank accounts,” the memo said. “These complicated and seemingly unnecessary financial transactions appear to be a concerted effort to conceal the source and total amount received from the foreign companies.”
Chinese nationals and companies “with significant ties to Chinese intelligence and the Chinese Communist Party hid the source of the funds by layering domestic limited liability companies,” the memo added.
Multiple Biden family members received money from the Chinese after it passed through an associate’s account. Additionally, Hunter Biden received money directly into his company’s account from a Chinese-controlled entity. pic.twitter.com/CEyPZGW8gA
— Oversight Committee (@GOPoversight) May 10, 2023
A new country targeted by the Biden family was mentioned by the Oversight Committee: “The Biden family and associates’ activities in Romania reveal an influence peddling scheme from 2015 to 2017.”
It was stressed at the news conference that the Biden family has no business, and U.S. Rep. Jim Jordan, (R-Ohio) asked the very simple question about the millions of dollars flowing into their coffers: “For what?”
“Why not just come clean? Why not be honest with us?” Jordan asked.
— Rep. Jim Jordan (@Jim_Jordan) May 10, 2023
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