{"id":2190700,"date":"2024-03-02T09:20:02","date_gmt":"2024-03-02T14:20:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/james-biden-my-brother-gave-me-40k-200k-loans-for-chinese-company\/"},"modified":"2024-03-02T09:23:55","modified_gmt":"2024-03-02T14:23:55","slug":"james-biden-my-brother-gave-me-40k-200k-loans-for-chinese-company","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/james-biden-my-brother-gave-me-40k-200k-loans-for-chinese-company\/","title":{"rendered":"James Biden received $40K and $200K loans from his brother for a Chinese company"},"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\">28<\/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%2Fjames-biden-my-brother-gave-me-40k-200k-loans-for-chinese-company%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=2190700&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--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">James Biden (C), brother\u200b of\u200b US President Joe Biden, with his attorney Paul Fishman (L), arrives for a deposition before the House Oversight and Judiciary Committees on President \u200bBiden\u2019s impeachment inquiry in \u200bWashington,\u2064 DC, February 21, 2024. (Photo by JIM\u200c WATSON\/AFP via Getty Images)<\/figcaption><\/figure>\n<p>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/sophia-flores\">Sophia Flores<\/a><br \/>5:50 PM \u2013 Friday, March 1, 2024<\/p>\n<p>James \u2062Biden, brother of President Joe Biden, confirmed that his older brother gave him a\u200c couple of loans that\u2062 purportedly\u2064 went to\u200d the\u2064 CCP-linked energy firm\u200d CEFC\u200c China Energy. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>During his impeachment inquiry \u200btestimony released by the House Oversight \u200cCommittee on Friday, the younger \u2064Biden admitted that his\u200c brother gave him\u200b a\u2063 $200,000\u2063 and $40,000 loan \u200cin 2017 and in 2018. <\/p>\n<p>James claimed that he needed the money\u200c to pay \u201coutstanding \u200cbills.\u201d However, he also claims that he used the money to invest in \u200dthe Chinese energy business. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tune-in-aaron-rodgers-says-hell-address-the-kimmel-feud-very-soon\/\" title=\"Aaron Rodgers promises to discuss the Kimmel feud shortly\">reason remains unknown<\/a>. \u200b <\/p>\n<p>Subpoenaed bank records revealed that James Biden had a balance of $46.88 in his bank\u200c account prior to receiving\u2062 the first check from \u200dhis brother. James asserted that he paid back the interest loans without filling out\u2064 additional\u200b documentation, emphasizing\u2063 that \u2062they came from a family member.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cI repaid two loans\u2064 that I secured from\u200c my brother,\u201d James Biden said.<\/p>\n<\/blockquote>\n<p>He received the $40,000 wire on July 28<sup>th<\/sup>,\u200c 2017 and paid \u2063back Joe\u2063 less than two months\u200b later on September\u2063 3<sup>rd<\/sup>. He received the second wire of $200,000 on January 12<sup>th \u200d <\/sup>2018, which was repaid to his big brother \u200don March 1<sup>st<\/sup>.<\/p>\n<p>When asked where he \u2064got the $200,000 to\u200c pay back his brother in such a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-real-story-of-whats-happening-with-crime-in-new-york\/\" title=\"The Real Story of What's Happening With Crime in New York\">short time span<\/a>,\u200d James said that he received it \u2064though \u200chis\u2064 work with Americore, but\u200c he refused to\u2064 state the specific\u200c source of the funds.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cIt came from money that I earned at\u2063 Americore,\u201d \u200che said.<\/p>\n<\/blockquote>\n<p>While the Biden family\u2019s relationship \u2064with CEFC ended in 2018, James, Hunter Biden, \u200cand Hunter\u2019s \u200bassociates made millions-of-dollars through the lucrative deal.\u2062 <\/p>\n<p>Joe Biden has adamantly denied that \u200che had any involvement in the business deals, however,\u200c a May 2017\u2064 email \u2063sent by James Gilliar, the Biden family\u2019s associate, stated \u200dthat the president was penciled in as \u201cthe big\u200d guy.\u201d\u200d <\/p>\n<p>The \u2063email also revealed that \u200cJoe Biden wanted\u2062 a \u200d10% cut in a proposed joint venture with\u00a0CEFC.<\/p>\n<p>Within\u2062 10 days after the email was sent, Hunter and James Biden received $5.1 \u200dmillion in their accounts. This \u200btestimony is a part of House\u200c Republicans\u2019 impeachment inquiry into the\u2063 46<sup>th<\/sup> president.<\/p>\n<p>Stay informed! Receive breaking news blasts directly to\u200d your inbox for \u200bfree. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Fulton County Judge McAfee is expected to rule on\u200b the Fani Willis Case, James Biden \u2018repays\u2019 a loan \u200cwith China money and \u2063The FBI investigates\u2063 a balloon.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Temecula Valley Unified \u2064School District\u2062 is being sued by a group of activists and teachers for enforcing a transgender parental notification \u2062policy and its ban on\u200b Critical Race Theory. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Republican lawmaker Rep. Lance Gooden of Texas is\u2064 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-garvey-leads-schiff-in-california-senate-race\/\" title=\"Poll: Garvey Leads Schiff In California Senate Race\">spotlighting federal funding loopholes<\/a> concerning illegal immigration. \u2064 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The consumer \u200dsentiment \u2064report is out, showing a\u2063 slight decline in February \u2063from \u200cthe month before. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Elon Musk \u200dalleges a breach\u2064 of \u2062contract and a departure from the original mission to\u2062 develop AI for humanity\u2019s \u2063benefit.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The \u2063stock market\u2019s interest in \u200dAI is \u2063on the rise, fueled \u200dby\u200d Nvidia\u2019s stunning rally and\u2063 potential impact on\u200b various sectors.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>UnitedHealth Group faces a major data breach as hackers claim to have stolen\u2064 millions of sensitive records.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Legal battle\u200c ensues as X challenges the Center for Countering\u200b Digital Hate\u2019s criticism of hate speech.<\/p>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> What steps should \u200dbe taken to ensure a thorough and impartial investigation into\u200d the financial activities\u200d of the Biden family and their potential impact on national security and the integrity of \u200cthe office of the President<\/h2>\n<p><span>  Allegations of corruption surrounding President Joe Biden and his family. The revelation by\u2064 James\u2064 Biden that he\u200b received loans from his brother, which were potentially used for investment in a Chinese \u200benergy company \u200dlinked to the CCP, adds\u200b further fuel to the fire.<\/p>\n<p>The impeachment inquiry testimony released by \u2063the House Oversight Committee sheds light on the \u2063financial dealings of the Biden family. James Biden admitted to receiving a $200,000 loan in 2017 and a $40,000 loan in 2018 from his older brother. He \u200cclaimed that the money was needed to pay outstanding bills but also acknowledged using it to invest in the Chinese energy business.<\/p>\n<p>The timing of these loans is questionable. Subpoenaed \u2063bank records revealed \u2062that \u200bJames Biden had a balance of only $46.88 in his bank account prior to receiving the first check from his brother. He repaid the loans in a short time span, without\u2064 filling out additional documentation. James emphasized that the loans were from a family member, implying that they did not require the same level of scrutiny \u2064as loans from \u200cother sources.<\/p>\n<p>When questioned about\u200b the \u200bsource of the $200,000 used to repay\u200c his brother, James Biden claimed \u200cit came from his work with Americore \u200dbut refused to provide\u2062 specific details. This lack of transparency raises further concerns about the origins and legitimacy of the funds.<\/p>\n<p>The Biden \u200dfamily&#8217;s association with the Chinese energy company CEFC became lucrative, with millions of dollars being made through the \u2064deal. While Joe Biden has denied \u200dany involvement in these business deals, an email sent by James Gilliar, a Biden family associate, referred to the president as &#8220;the big guy&#8221; and revealed his interest in a 10% cut of a proposed\u200c joint venture with CEFC.<\/p>\n<p>Within 10 days of the email being \u200csent,\u2062 Hunter and James Biden received $5.1 million in their accounts. This revelation raises serious questions about the potential influence and financial \u2063gain that \u2063the Biden family may\u2064 have obtained through their connections with foreign entities.<\/p>\n<p>House Republicans&#8217; impeachment inquiry aims to investigate these allegations of corruption and determine the level of involvement and accountability of President Joe Biden and his family. The testimony provided by James Biden highlights the need \u2062for a thorough\u2062 investigation into the financial dealings \u200cof the Biden family and their potential connections to foreign entities.<\/p>\n<p>The American people\u200d deserve transparency and accountability\u2064 from their elected officials. It is essential that these allegations are properly investigated and the truth is uncovered. \u200dThe impeachment\u2062 inquiry provides an opportunity for a comprehensive examination of \u200dthe Biden family&#8217;s financial activities and their potential impact on national security and the integrity of the office of \u2063the President. Only through a thorough and impartial investigation can the American people regain trust and confidence in their government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>James Biden, brother of US President Joe Biden, arrives for a deposition on President Biden&#8217;s impeachment inquiry in Washington, DC<\/p>\n","protected":false},"author":1209,"featured_media":2190701,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-2020536532-1-e1709342190180.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2190700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-2020536532-1-e1709342190180.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2190700","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\/1209"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2190700"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2190700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2190701"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2190700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2190700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2190700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}