House GOP: Biden ‘Stonewalling’ Over ‘Loan Repayment’ Documents
President Joe Biden is reportedly “stonewalling” after House Republicans demanded he hand over documents related to the loans he allegedly provided to his brother, James Biden.
On Wednesday, House Oversight Committee Chairman Rep. James Comer (R-KY) revealed that “$40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check.”
In a video message shared to X, formerly known as Twitter, Comer explained that the personal check from James and Sara Biden to Joe Biden was labeled “loan repayment” — but came from funds laundered from CEFC China Energy Co. and traveled through several Hunter Biden-linked entities before ending up in James and Sara Biden’s account.
🚨 BREAKING 🚨
— Oversight Committee (@GOPoversight) November 1, 2023
The Oversight Committee also previously uncovered a different “loan repayment” check to Joe Biden from his brother for $200,000.
"Loan repayment" for Joe Biden uncovered. pic.twitter.com/CVragFKndd
— Tom Fitton (@TomFitton) October 20, 2023
After these checks were uncovered, House Republicans demanded that Biden produce documents to prove that he had actually loaned his brother money — as critics argued that the funds were actually his cut of the family business being disguised as loan repayments.
In a statement published on X on Friday evening, the Oversight Committee revealed that the Biden administration was refusing to provide any documents related to the “loans.”
“The White House today made clear to us that President Biden is refusing to hand over loan documents for any ‘loans’ he provided to his brother, James Biden,” the statement read. “We’ve exposed nearly a quarter of a million of dollars that James Biden sent to Joe Biden as ‘loan repayments’ that were funded by laundered China money and influence peddling schemes.”
“Is this what ‘the most transparent administration in history’ is supposed to look like?” the statement continued. “We won’t be stopped by the President’s stonewalling. We’ll continue to follow the money, expose President Biden’s corruption, and deliver accountability.”
🚨Friday Night News Dump🚨
The White House today made clear to us that President Biden is refusing to hand over loan documents for any “loans” he provided to his brother, James Biden.
We’ve exposed nearly a quarter of a million of dollars that James Biden sent to Joe Biden as…
— Oversight Committee (@GOPoversight) November 3, 2023
With this new evidence, House Republicans have signaled that the investigations into the Biden family are close to a conclusion, including the impeachment inquiry into Joe Biden — with newly-elected Speaker of the House Mike Johnson (R-LA) telling reporters on Thursday that they “are coming to a point of decision.” It is unclear how the White House’s stonewalling on the loan issue will impact the timeline of the investigations.
Speaker Mike Johnson (R-LA), when asked if there's enough evidence for the House to draft articles of impeachment against President Biden:
“As we stand here today, I'm not predetermined that, but I do believe that very soon we are coming to a point of decision on it.” pic.twitter.com/LZSvatxBA1
— The Recount (@therecount) November 2, 2023