(DC Pundit) – Evidence has emerged of a $200,000 transaction involving current President Joe Biden and his brother, James Biden, and James’ wife, Sara Biden, in 2018, a year before Joe’s successful White House bid. The revelation was made public by House Oversight Committee Chair James Comer (R-KY) in a recent announcement.
This disclosure sheds light on Joe Biden’s personal acceptance of funds originating from his family’s international business endeavors, raising questions about the veracity of his prior statements denying any involvement in these ventures. In a statement made in September, Joe Biden had asked reporters, “Where is the money?” It appears that Comer may have uncovered an answer.
Comer emphasized the importance of the document they are releasing, stating, “A document that we’re releasing today raises new questions about how President Biden personally benefited from his family’s shady influence peddling of his name and their access to him.” The document in question pertains to bank records obtained by the House Committee on Oversight and Accountability, which reveal a $200,000 direct payment from James and Sara Biden to Joe Biden in the form of a personal check.
The financial maneuvering undertaken by the Biden family to facilitate this payment is detailed by Comer. In 2018, James Biden secured loans amounting to $600,000 from Americore, a struggling rural hospital operator. Bankruptcy court records reveal that these loans were granted based on the belief that James Biden’s last name, ‘Biden,’ could provide access and lead to significant investments from the Middle East due to his political connections.
🚨 BREAKING 🚨
We have found a $200,000 DIRECT payment to Joe Biden.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/0vq3lqhRHz— Oversight Committee (@GOPoversight) October 20, 2023
On March 1, 2018, Americore transferred a $200,000 loan to James and Sara Biden’s personal bank account, rather than their business account. Remarkably, on the very same day, James Biden issued a $200,000 check from this personal account to Joe Biden. James Biden labeled this payment as a “loan repayment.” It is worth noting that Americore, a financially distressed company, loaned money to James Biden, who then promptly transferred it to Joe Biden. Regardless of the characterization as a personal loan repayment, it raises concerns about Joe Biden’s financial ties to his family’s dubious financial transactions, as the repayment was contingent on the success of these shady business endeavors.
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