The U.S. House of Representatives is in disarray over the Speaker’s vote, but congressional investigators are hard at work and have revealed evidence that Joe Biden indeed benefited from his family's business dealings although the president has repeatedly denied such.
Congressional investigators on Friday released records proving that Joe Biden received a $200,000 check in 2018 from his brother, James, on the same day that James Biden received the same amount of money wired from a health care company.
The personal check James Biden sent to Joe Biden on March 1, 2018 was marked as a loan repayment.
Investigators believe the monies originated from monies James Biden received from Americore, which House Oversight Committee Chairman James Comer described as a "financially distressed and failing rural hospital operator."
"Even if this was a personal loan repayment, it’s still troubling that Joe Biden’s ability to be paid back by his brother depended on the success of his family’s shady financial dealings," Comer said in a videotaped statement released on social media.
Readers can view Congressman Comer's full statement below.
Comer alleges that James Biden was making money from Americore by representing that the family name could open up business overseas.
"In 2018, James Biden received $600,000 in loans from, Americore—a financially distressed and failing rural hospital operator. According to bankruptcy court documents, James Biden received these loans 'based upon representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections," Comer stated.
"On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden’s personal bank account – not their business bank account. On the same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden," the lawmaker added.
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