This week, former House Speaker Kevin McCarthy appeared on "Sunday Morning Futures" on Fox News to discuss the ongoing Republican investigation into President Joe Biden.

Fox News reported that McCarthy, apart from discussing the prospective conduct of the executive branch, also addressed the spending policy being implemented by the Biden administration.

McCarthy stated in his remarks that the Republican Party has drawn "closer" to initiating an impeachment investigation against President Biden in recent times.

The new House Speaker, Rep. Mike Johnson (R-La.) is now pursuing this effort to "hold the government accountable," according to the former speaker.

"No one in America would have known that President Biden has lied, that they did receive money from China…that he did get involved in the business dealings," McCarthy said during his Sunday interview.

"When he went to Cafe Milano, his son got a new Porsche and $3 million was sent to him. We have systematically followed every place the facts have taken us each and every day. And now it's moved even closer because now we've got the subpoenas going in to get the bank statements.

"We found all of this, the shell companies no one knew about prior. This is important," the California lawmaker said.

On the same topic, Johnson said in remarks to Fox News Digital that from his position it appears Biden is taking part in an "ongoing cover-up" and has "lied repeatedly" about what he knew and when he knew it, regarding involvement with first-son Hunter Biden's business dealings.

The impeachment investigation into the current president will proceed "methodically" and without a "predetermined" conclusion, the House Speaker informed the publication.

"We are the rule of law team, and so we have to respect and regard due process and do this in a way that the founders would have intended," he said.

"Impeachment is an awesome power that Congress has, and it is not intended to be, nor should it be, used as a political tool to be wielded lightly."

The speaker added, "We take this very seriously," going on to say that Republicans continue investigating and "collecting evidence and following the truth and that evidence wherever it leads."

"We’ve not predetermined the outcome of this. We’ve not pre-judged it," he said. "But I think everyone can see how it is unfolding," he added.

Johnson, who formerly worked as a Constitutional lawyer, said that the process of impeachment was "We’ve not predetermined the outcome of this. We’ve not pre-judged it," he said. "But I think everyone can see how it is unfolding."