May 11, 2023
2 mins read

Republicans release probe into Biden family finances

The foreign payments raise questions about Hunter Biden’s business activities while his father was vice president, but the committee does not suggest any illegality about the payments from foreign sources….reports Asian Lite News

House Oversight Chairman James Comer laid out new details to support allegations that members of Joe Biden’s family including his son Hunter received millions of dollars in payments from foreign entities in China and Romania including when Biden was vice president.

New bank records cited in the memo were obtained by the committee through a subpoena and include payments made to companies tied to Hunter Biden. Republicans also alleged that Hunter Biden used his familial connections to help facilitate a meeting in 2016 between a Serbian running for United Nations Secretary-General and then-national security adviser to the vice president Colin Kahl.

The foreign payments raise questions about Hunter Biden’s business activities while his father was vice president, but the committee does not suggest any illegality about the payments from foreign sources. The bank records by themselves also do not indicate the purpose of the payments that were made.

The memo marks Comer’s most direct attempt to substantiate his allegations that Biden family members have enriched themselves off the family name. Comer has suggested that Biden may have been improperly influenced by the financial dealings, particularly by his family’s foreign business partners.

But the latest report does not show any payments made directly to Joe Biden, either as vice president or after leaving office.

Comer has been publicly teasing information for months about the paper trail committee Republicans have uncovered through subpoenas sent to multiple banks and trips to the Treasury Department to review records.

Comer and other Republicans on the committee held a press conference Wednesday morning to tout their findings.

“These people didn’t come to Hunter Biden because he understood world politics or that he was experienced in it, or that he understood Chinese businesses. They wanted him for the access his last name gave him,” Rep. Nancy Mace, a South Carolina Republican, said during the news conference.

On Wednesday, Comer was asked about specific policy decisions Biden made while president or vice president that may have been directly influenced by these foreign payments. Comer failed to name any and instead pointed to then-vice president Biden traveling around the world and discussing foreign aid in the last year of the Obama administration, and added they think there are decisions Biden made as president that “put China first and America last.” Comer said the committee “will get into more of those later.”

ALSO READ: ‘China and UK should focus on cooperation’

Previous Story

US cutting off China’s access to tools to make computer chips

Next Story

New bill offers citizenship hopes for undocumented immigrants in US

Latest from -Top News

American missionary abducted in Niger

The US Embassy in Niamey issued a security alert warning that American citizens “remain at a heightened risk of kidnapping throughout Niger, including in the capital city”…reports Asian Lite News An American

Ouattara predicted to win fourth term

Around 8.7 million Ivorians were registered to vote, though analysts had predicted a lower turnout compared with the last two elections, when participation slightly exceeded 50%…reports Asian Lite News Votes were being

Russia Fires at EU

Zakharova called the sanctions package “illegal” and “self-destructive”, while accusing Brussels of isolating itself on the international stage…reports Asian Lite News Russia’s Foreign Ministry Spokeswoman Maria Zakharova has slammed the European Union’s

Mamdani Hits Back at Racism

Mamdani criticised rivals for spreading “hatred,” saying their Islamophobia harms him and nearly one million Muslims in New York….reports Asian Lite News New York City mayoral candidate Zohran Mamdani on Friday delivered
Go toTop

Don't Miss

Warmer air, water worsen extreme weather in US

Much of the West’s water comes from atmospheric rivers, which

Biden allows Ukraine to use long-range missiles on Russia  

This comes as President-elect Donald Trump is set to assume