OAN’s Brooke Mallory
4:24 PM – Wednesday, February 21, 2024
President Joe Biden’s younger brother, James Biden, gave a private interview Wednesday at the Capitol. As part of President Joe Biden’s impeachment inquiry, House Republicans questioned him about his past financial activities.
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The president’s brother reportedly previously had questionable dealings with a health care company that later filed for bankruptcy, as well as China-focused companies with his nephew Hunter, the son of Joe Biden.
Republicans are currently investigating whether Joe Biden used his political influence as vice president to enrich his family.
An investigation was expected to be filed in 2017 into a series of payments to James Biden’s company totaling hundreds of thousands of dollars. Bank records made available to the House Oversight Committee show that the money came from Hunter Biden’s colleague Rob Walker and came from an energy company with ties to the Chinese government.
Walker informed Congress this month that the payments are part of a partnership he, James and Hunter Biden have struck with Chinese energy giants to finance projects at home and abroad.
This month, Tony Bobulinski, a former business associate of James Biden and Hunter Biden who fell out, testified before Congress and said Joe Biden’s name was critical to their work in China.
“And I asked [James Biden], “How is it going? It makes no sense. Aren’t you worried that if Joe were to run for president of the United States in the future, you would be dealing directly with the Chinese?” Bobulinski said. “He looks at me and chuckles and says, ‘Plausible deniability,'” he continued.
In a highly publicized incident, a health care company sent more than $500,000 to James Biden in 2018 in exchange for helping his company, Amecore, obtain funding from the Middle East.
After the company went bankrupt, a trustee tried to recover the money from James Biden, according to court documents.
politiko It reports that recently discovered records show that James Biden and other Biden family members were quite involved in Amekoa, whose death sparked numerous lawsuits and caused “havoc” in rural areas. I caused it.” The media reported that it discovered that James Biden frequently used Joe Biden’s name while helping Amecore obtain regulatory permits and working with the company. He said his nephew Hunter and his wife Sarah are also involved in the business.
The oversight committee also found that Joe Biden received two checks purporting to repay loans from his brother in 2017 and 2018, when he was a private citizen.
Bank records show that James Biden wrote one check using funds from a partnership with a Chinese company and another using funds from Amecore.
Democrats are trying to emphasize that the exact amounts in the two checks were paid to James Biden from bank accounts connected to Joe Biden. They argue that this supports the idea that the checks were valid loan repayments and does not indicate that Joe Biden benefited financially from his family’s business. .
However, it is still unclear what the loan was used for.
Republicans have subpoenaed James Biden to appear in November, and an interview is currently scheduled to take place. Republican officials familiar with the situation say James Biden and his lawyers have been unable to give testimony, in contrast to the very public and testy exchanges he had with Hunter Biden, who is scheduled to speak next. He said it mostly helped him negotiate the situation. week.
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