{"id":2082187,"date":"2023-10-28T10:41:02","date_gmt":"2023-10-28T14:41:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/comer-calls-on-president-biden-to-prove-loan-explanation-for-200000-check-he-received\/"},"modified":"2023-10-28T10:44:07","modified_gmt":"2023-10-28T14:44:07","slug":"comer-calls-on-president-biden-to-prove-loan-explanation-for-200000-check-he-received","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/comer-calls-on-president-biden-to-prove-loan-explanation-for-200000-check-he-received\/","title":{"rendered":"Comer urges Biden to clarify $200K loan receipt."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcomer-calls-on-president-biden-to-prove-loan-explanation-for-200000-check-he-received%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2082187&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>House Oversight Committee Chairman Calls on \u200dPresident \u2064Biden to Account for $200,000 Check<\/h2>\n<p>House Oversight\u200c Committee \u2062Chairman James Comer (R-Ky.) has called on\u2062 President Joe Biden to \u200cexplain a $200,000 check he \u200dreceived from his \u200bbrother, James Biden, in March of 2018.<\/p>\n<p>The memo line \u200con the check described \u2064it as a &#8220;loan repayment&#8221; from James Biden \u2063to his\u2063 brother. In a\u200c letter to White House Counsel Edward Siskel, Comer demanded evidence \u2063of the underlying loan that James Biden was\u200b supposedly repaying.<\/p>\n<p>&#8220;If \u2062Joe Biden did personally loan James Biden an amount that was later repaid by \u2063the $200,000 check, please provide the loan documents, \u200cincluding the loan payment, loan agreement, \u200dand any other supporting loan documentation,&#8221; wrote Comer in his letter to \u2062the Biden \u2063White House.<\/p>\n<h2>Related Stories<\/h2>\n<ul>\n<li>\n<h3>Rep. Comer to\u2063 Subpoena \u200dBank Records of \u2062Hunter, James Biden, Their Affiliated Companies<\/h3>\n<p>Published on 9\/28\/2023<\/p>\n<\/li>\n<li>\n<h3>After Trump \u200bIndictment, GOP Prosecutors Want \u200bto &#8216;Go After the Bidens&#8217;: James Comer<\/h3>\n<p>Published\u200c on 4\/7\/2023<\/p>\n<\/li>\n<\/ul>\n<p>This $200,000 check has come under scrutiny amid ongoing Republican \u200binvestigations into President\u2062 Biden&#8217;s involvement in his family&#8217;s business dealings. Republicans have accused Biden of engaging in influence-peddling throughout \u2064his political\u200c career, using\u200c his position to \u200bbenefit his family&#8217;s business deals.<\/p>\n<p>One such deal involved James Biden and a bankrupt rural hospital operator\u2062 called\u2062 Americore. \u2063House Republicans \u200bclaim that witnesses to the deal stated James Biden \u200bpromised investors access to a future Biden administration\u2062 and &#8220;the highest levels of government.&#8221; This allegedly\u2063 occurred before Joe Biden announced his presidential run in 2020.<\/p>\n<p>According\u200c to bank records reviewed \u2062by Comer, Americore paid James Biden about $600,000 in 2018. On the \u2064same day, James Biden wrote a &#8220;loan repayment&#8221; check \u200cfor $200,000 \u200bto his brother, the sitting U.S. president.<\/p>\n<h2>White\u2063 House Spokesperson Mocks Comer, \u2062Insists Check is Self-Explanatory<\/h2>\n<p>White House spokesperson Ian \u2064Sams dismissed Comer&#8217;s questions about the check, claiming that it \u200bwas a loan repayment and mocking Comer&#8217;s inquiry.<\/p>\n<p>&#8220;Jamie Comer is pretty desperate to try to distract from Republicans&#8217; speaker\u200d mess. It\u2019s a loan repayment from when President Biden loaned\u2062 his brother money. \u200dWhen he\u200b was out of office in 2018, no less. It\u2019s\u200b right \u200bthere on the check!&#8221; wrote Sams in a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-this-average-american-is-voting-for-donald-trump\/\" title=\"Why This Average American Is Voting for Donald Trump\">social media post<\/a>.<\/p>\n<p>Despite Sams&#8217;s insistence, Comer stated\u200d that the House\u200b Oversight Committee has found no evidence of a significant personal loan from the president to his \u200dbrother in the Biden family&#8217;s bank records.<\/p>\n<p>&#8220;Whether it was a loan \u200bor not, James Biden\u2019s check to Joe Biden demonstrates how he personally benefited from his family&#8217;s influence peddling and\u2064 access to the Biden name,&#8221; wrote Comer. &#8220;We \u2064are troubled that \u200cJoe Biden&#8217;s\u2063 ability to recoup\u2063 funds depended on his brother cashing in on the\u200d Biden \u2064brand.&#8221;<\/p>\n<p>Comer has called on the Biden White House to provide all relevant documentation and IRS\u200d filings \u2064related to the alleged loan.<\/p>\n<h2>Loan\u2064 Might Not \u200dBe Legal: Comer<\/h2>\n<p>Comer\u2064 also\u2064 raised concerns about the legality of the loan arrangement, stating that \u2064it could potentially violate the Internal Revenue Code&#8217;s requirements for reporting below-market loans.<\/p>\n<p>&#8220;Indeed, there\u200c appears to have been no interest paid on the &#8216;loan&#8217; based upon the White House\u2019s own representations. The current lack of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-republicans-demand-white-house-forfeit-info-about-200k-check-joe-biden-received-from-his-brother\/\" title=\"House Republicans demand White House disclose details of 0K check received by Joe Biden from his brother.\">documentation leaves reason<\/a> to doubt claims that this transaction was repayment for a legal loan,&#8221; wrote Comer.<\/p>\n<p>Comer\u2062 urged\u2063 the Biden White House to provide all applicable documentation and IRS filings\u2064 to address these concerns.<\/p>\n<p>  <em>From NTD News<\/em>\n<\/p><\/blockquote>\n<p> <\/p>\n<h2> \u2063 What evidence does Chairman Comer expect \u200cPresident Biden to provide regarding the \u2063alleged loan \u2064between him and his brother, James \u2062Biden?<\/h2>\n<p><span>  190,000 for consulting services. \u2062The\u200d payment was made just a month before the $200,000 check was\u200d sent to President\u2062 Biden. \u2062Republicans \u2063are now \u200ddemanding transparency and accountability from the President regarding \u200cthe\u2063 nature of this payment.<\/p>\n<p>The House Oversight Committee, led by Chairman James Comer, has been actively investigating President Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-family-business-dealings-raise-ethical-questions\/\" title=\"Biden family business dealings raise ethical questions\">family business dealings<\/a>. The $200,000\u200b check\u200b from James Biden has become a focal \u2064point of their scrutiny. Chairman Comer has called on President Biden to provide evidence\u200b of the alleged loan between him and his brother.<\/p>\n<p>In his letter\u2063 to White House Counsel Edward Siskel, \u200dChairman Comer explicitly\u2063 requests the loan \u2064documents, including the \u2063loan\u200d payment, loan agreement, and\u2063 any other supporting loan documentation. The\u200b Chairman&#8217;s intention is to shed light on the transaction \u200dand ascertain whether it was truly \u2064a loan repayment\u2062 as stated on the memo line \u2064of the \u200ccheck.<\/p>\n<p>This investigation is not an isolated incident but part of ongoing Republican efforts to expose\u2063 potential wrongdoing by President Biden and his family. Republicans have consistently accused President Biden of leveraging his political\u200b position \u2064for personal gain and to benefit his family&#8217;s business ventures.<\/p>\n<p>One \u2063particular business deal involving James Biden and a bankrupt rural hospital operator called Americore has caught \u200cthe Republicans&#8217; \u200battention. Witnesses to the deal have allegedly claimed that \u200dJames Biden promised investors access \u2062to a future Biden administration\u2064 and &#8220;the highest levels of government.&#8221; This <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/comer-calls-on-president-biden-to-prove-loan-explanation-for-200000-check-he-received\/\" title=\"Comer urges Biden to clarify 0K loan receipt.\">alleged promise occurred\u2062 prior<\/a> to Joe \u2062Biden&#8217;s announcement of his presidential run in 2020.<\/p>\n<p>Bank\u2064 records reviewed by Chairman Comer revealed that Americore \u2064paid James Biden approximately $190,000 \u2063for consulting services. \u200bThis payment raises further questions regarding potential conflicts of interest and the extent of President Biden&#8217;s\u200d involvement \u2064in his family&#8217;s business affairs.<\/p>\n<p>As\u200b the investigations\u200c continue, Republicans are determined to \u200bobtain answers and hold the President accountable. The $200,000 check is just one piece of the puzzle\u200d in the larger inquiry into President Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/california-republican-assemblyman-calls-for-corruption-investigation-into-newsom\/\" title=\"California Republican Assemblyman Calls for Corruption Investigation Into Newsom\">alleged influence-peddling<\/a>. The American public deserves transparency and integrity from\u200b their leaders,\u200c and it is the duty\u200d of the \u200bHouse Oversight\u2064 Committee to\u200c ensure that these principles are upheld.<\/p>\n<p>The call for President \u2062Biden\u2063 to account \u200bfor the $200,000 check from his brother is\u200b a significant\u2062 step in the oversight process. Chairman\u200c Comer&#8217;s letter to the White House demonstrates the\u2063 committee&#8217;s commitment to conducting a thorough investigation\u200b and seeking the \u2063truth. It is crucial for President Biden to address these concerns and provide the requested documents, as failure to do so may only fuel suspicion and hinder his ability to govern effectively.<\/p>\n<p>In the spirit of\u200b accountability and transparency, it is imperative for all elected officials to \u200dparticipate fully in \u2063such investigations. The \u200cAmerican people deserve to \u2062know the truth\u200d and have \u200cconfidence in\u2063 their government. Only through open and honest disclosure can trust be restored and the integrity of our democracy preserved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Oversight Committee Chairman James Comer (R-Ky.) demands President Biden to explain a $200,000 check received from his brother, James Biden, in March 2018. The check&#8217;s memo line indicated a &#8220;loan repayment&#8221; from James to his brother. Comer addressed White House Counsel Edward in a letter seeking clarification on the matter.<\/p>\n","protected":false},"author":1759,"featured_media":2082188,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2082187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2082187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1759"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2082187"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2082187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2082188"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2082187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2082187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2082187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}