Republicans reveal a $200,000 personal check from James Biden to Joe Biden that they say is the strongest evidence yet that the president was directly involved in his family’s business dealings.
According to bankruptcy court documents obtained by the House Oversight Committee, James Biden took money from his health care business Americore and sent it directly to his brother Joe Biden.
The documents show that in 2018, James Biden obtained $600,000 in loans from Americore. James was able to receive the loans based upon ‘representations’ that his last name, ‘Biden,’ could ‘open doors.’
On March 1, 2018, Americore wired a $200,000 loan into the personal bank account of James and Sara Biden.
That same day, James Biden wrote a $200,000 check to ‘Joseph R. Biden’ from his personal account for a ‘loan repayment.’ At the time, Joe had already left the vice presidency position.
Republicans leading the investigation into the Biden family’s ‘influence peddling scheme’ that is the center of their impeachment inquiry into the president, say this personal check directly shows Joe was aware of – and included in – his family’s dealings.
On March 1, 2018, Americore wired a $200,000 loan into the personal bank account of James and Sara Biden
According to the court documents, James made it seem as though ‘he could obtain a large investment from the Middle East based on his political connections.’
In a video put out Friday by Chairman James Comer, R-Ky., he says that ‘Americore—a distressed company—loaned money to James Biden who then sent it to Joe Biden.’
‘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 states.
A spokesperson told DailyMail.com that the committee ‘recently’ received the documents that were a result of a September subpoena for Hunter and James’ business and personal bank records.
The court document reviewed by DailyMail.com states: ‘On March 1, 2018, Americore Health wire transferred the sum of $200,000.00 to Defendant’s bank account at PNC Bank, located in Philadelphia, Pennsylvania. The documentation evidencing the foregoing wire transfer prepared by Americore Health references the transfer as a ‘LOAN.”
White House spokesperson for oversight and investigations Ian Sams called the information put out by the Republicans ‘failure theater’ and a ‘shiny object to distract people from how they are incapable of doing the basics of governing.’
‘It’s no coincidence they rushed out a new distraction mere minutes after yet another failed Speaker vote,’ Sams continued. He went on to say there is ‘zero evidence of wrongdoing by President Biden.’
On Friday, Jim Jordan lost his third vote for House speaker, leaving Republicans without a leader for 17 days and unable to accomplish any basic policy work.
The release of the check comes weeks after Republicans held their first hearing in the impeachment inquiry into Joe Biden.
In September, then-Speaker Kevin McCarthy launched the impeachment inquiry – being led by Oversight.
Republicans say bank records show that Biden family and associates raked in more than $20 million from China, Ukraine, Kazakhstan and Romania.
There are also WhatsApp messages Hunter sent to an associate claiming Joe was in the room while they were discussing business, and damning testimony from IRS and FBI whistleblowers.
As part of the GOP-led probe, they spoke with the president’s son Hunter’s ex-business partner Devon Archer, who testified that President Biden was in fact aware of his son’s dealings and sat in on at least 20 calls and multiple dinners with his son’s business partners.
James Biden wrote a $200,000 check to ‘Joseph R. Biden’ for a ‘loan repayment’
Additionally, Republican have uncovered over a dozen shell companies that Hunter and at least 12 members of the Biden family used to funnel in foreign money.
Joe Biden also used various private email addresses from which he would sometimes send, receive and forward government correspondence according to emails found on Hunter Biden’s now-infamous laptop.
‘Robin Ware,’ ‘Robert L. Peters’ and ‘JRB ware’ were three pseudonyms used on emails that were about both official and family business.
The White House and the president himself have maintained that he has never been involved in Hunter’s or the rest of his family’s business dealings.