On Wednesday, House Oversight Committee Chairman James Comer released evidence in the form of bank records on the committee’s ongoing investigation into President Biden’s family’s international business deals.
“The bank records show the Biden family, their associates, and their companies received over $10 million from foreign nationals and their companies… Chinese nationals affiliated with the Bidens created limited liability companies in the US and then, in a short time, transferred their interests to a Chinese company that sent money to the Bidens,” Comer said in a press briefing.“This is not normal… President Biden has claimed since the 2020 election that his family has not received money from China. That was a lie in 2020, and he continues to lie to the American people now.”
The House Oversight Committee detailed the investigation’s findings in a thread on Twitter.
“Since taking the gavel in January, our committee has accelerated our investigation into the Biden family’s domestic and international business practices,” the thread began. “We have now established a network of over 20 companies formed by the Bidens and their associates.”
“Most of these companies were LLCs and formed when Joe Biden was Vice President,” the thread continued. “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.”
“Joe Biden told the American people on October 22, 2020 that Hunter never made money from China. That is a lie based on the bank records,” the House Oversight Committee added. “The Bidens took steps to hide, confuse, and conceal payments they received from foreign nationals…. 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.”
The House Oversight Committee went on to explain that their investigation discovered a new country to add to the growing list of countries that the Biden family took money from: Romania.
“The Biden family and associates’ activities in Romania reveal an influence peddling scheme from 2015 to 2017,” the House Oversight Committee stated. “While VP Biden was lecturing Romania on anti-corruption policies, he served as a walking billboard for his son & family to collect money.”
“Hunter & his associates capitalized on a lucrative financial relationship with a Romanian national who was later convicted of corruption,” they continued. “The Bidens received over $1 million for the Romania deal, with 16 of the 17 payments made during Biden’s VP term.
“The money stops flowing from Romania soon after Joe Biden leaves office, establishing a pattern of influence peddling,” they added.
The Twitter thread went on to say that House Oversight Committee Chairman James Comer “will soon issue more subpoenas to banks for specific, targeted information…. In addition, he will provide one more opportunity for certain Biden associates—including his art gallerist and Rob Walker—to cooperate willingly with this investigation.”
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