Joe Biden challenged Republicans to find the money in regard to his benefiting from his family’s corrupt activities, and the House Oversight Committee has done just that.
According to Rep. James Comer, who chairs the committee, bank records show that Biden received $40,000 in laundered money from China through his brother James Biden. The money was paid in the form of a personal check.
House Oversight Committee Chairman James Comer said President Biden, in 2017, received $40,000 in “laundered China money” from the bank account of his brother and his sister-in-law in the form of a personal check, while claiming the president has “exposed himself to future blackmail” from Beijing.
Comer, R-Ky., detailed his findings in a video posted to X Wednesday morning. The findings come after Comer subpoenaed personal and business bank records belonging to both James Biden and Hunter Biden as part of his investigation into the Biden family’s business dealings and whether the president was involved.
“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.”
Comer said Biden “benefited from his family’s shady deal” with Chinese Communist Party-linked CEFC.
The money trail regarding this specific payment is long but clear, and it connects directly to an infamous WhatsApp message in which Hunter Biden threatened a Chinese official by stating that his “father” was in the room and would seek retribution if $5,000,000 wasn’t paid out. The transfer to Hunter Biden’s shell company was quickly made in April of 2017. Shortly after that, $150,000 was sent to James Biden and his wife. Finally, a personal check was then written to Joe Biden for the sum of $40,000.
The excuse being offered (once again) is that this was a “loan repayment.” Yet, at least as far as current evidence shows, there is no bank record proving that a loan was paid out to James Biden from Joe Biden that required repayment. Even a handshake loan would be traceable via an outflow of money from the president’s bank accounts.
To summarize, we now have a $200,000 and $40,000 payment sent to Joe Biden, with the latter coming from CEFC Energy, a Chinese company. Multiple Hunter Biden associates have been charged with FARA violations regarding the enterprise. Clearly, the president directly benefited from his family’s influence-peddling operation, including from China, something that Biden patently denied during the 2020 election.
No doubt, the White House will continue to obfuscate. There’s more than enough evidence already present to see what this was, though. If the House Oversight Committee can fully verify that no loan money was ever paid out to James Biden, it’ll be game over.