A new report from the House Oversight Committee suggests that President Joe Biden refused to disclose details about two loan agreements he made with his brother amid heated investigations into the Biden family’s shady business dealings.
According to the committee earlier this month, Biden’s refusal to provide the committee with any evidence to support the White House’s previous claim that the $240,000 in checks were “loan repayments” indicates his brother Joe Biden is not “the most transparent administration in history,” as he alleged after assuming office.
“The White House today made clear to us that President Biden is refusing to hand over loan documents for any ‘loans’ he provided to his brother, James Biden,” the committee posted on the social media platform X.
“We’ve exposed nearly a quarter of a million of dollars that James Biden sent to Joe Biden as ‘loan repayments’ that were funded by laundered China money and influence peddling schemes,” it added. “Is this what ‘the most transparent administration in history’ is supposed to look like?”
This comes after the committee released further proof of the Bidens’ criminal empire. According to Republican Committee Chairman James Comer, Biden received $40,000 in “laundered China money” in 2017 from the bank accounts of his brother and his sister-in-law in the form of a personal check, possibly exposing “himself to future blackmail” from the Chinese.
“Remember when Joe Biden told the American people that his son didn’t make money in China? Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check,” Comer said. “And the Oversight Committee has it.”
While Biden has maintained that he was never in business with his son, text messages from 2020 reveal that in May 2017, he had a meeting with Tony Bobulinski, one of Hunter’s business contacts for SinoHawk Holdings, another one of Hunter’s shady businesses.
In response to the allegations, White House spokesman Ian Sams denied the story while taking a job at Comer.
“Comer’s lies and conspiracy theories are getting more desperate by the day,” Sams posted on the social media platform X. “Perhaps that’s why yesterday he admitted his probe was going ‘downhill.'”
