Republican Lawmakers Accuse Biden Family of Taking Millions from China and Romania
Republican lawmakers have revealed damning evidence that at least nine members of President Joe Biden’s family received up to $10 million from operatives in China and Romania while Biden served as President Obama’s vice president. The evidence, unveiled in a memo and news conference, raises serious questions about President Biden’s past claims that he “never” discussed Hunter Biden’s business dealings with his son.
Complicated Web of Cut-Outs and Pass-Throughs
The evidence, including subpoenaed bank records, shows payments from foreign companies to Biden’s son, Hunter Biden, moved through a series of shell companies designed to cover the Biden family’s tracks. Some 20 companies affiliated with Biden family members were set up after Biden became vice president in 2009, creating a complicated web of cut-outs and pass-throughs, lawmakers alleged.
Related but Separate Issues
Payments totaling $1 million from Romania went to the Biden family while the then-vice president was working on Romanian issues. The committee also claimed to have uncovered millions of dollars sent to the Bidens from an array of Chinese companies and through multiple banks, which they described as a web designed to conceal the transfers. “The transactions in Romania and China show related but separate issues identified by the Committee that raise serious questions about financial disclosures and risks to national security,” the memo alleged.
Rooting Out Fraud, Waste, and Abuse
The House Oversight and Accountability Committee plans to gather additional bank records in the near future and continue following the money trail as part of its commitment to “rooting out fraud, waste, and abuse that exist at the highest level of the federal government.”
Little Faith in Federal Agencies
Republicans expressed skepticism that the DOJ and FBI, which are increasingly seen by conservatives as partisan, could be trusted to investigate the Biden family. Rep. Byron Donalds said at Wednesday’s news conference that he also had little faith the federal agencies would take the Oversight Committee’s revelations about the Biden family’s dealings seriously. “It’s interesting that the Department of Justice has been investigating Hunter Biden for quite some time, and we seem to never get anywhere,” Donalds said. “I wonder what’s going on at the Department of Justice. The bottom line is there is no real business here. None.”
White House Response
White House spokesperson Ian Sams told CNN “Comer has a history of playing fast and loose with the facts and spreading baseless innuendo while refusing to conduct his so-called ‘investigations’ with legitimacy.”
The evidence presented by Republican lawmakers is shocking and raises serious questions about the Biden family’s dealings with foreign companies. The investigation is ongoing, and it remains to be seen what further evidence will be uncovered.
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