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 October 27, 2023

Oversight committee requests Biden loan document from before he was president

House Oversight Committee Chairman James Comer (R-KY) is asking the White House to provide records of a $200,000 loan that President Joe Biden made to his brother James Biden in 2018.

Comer made the request in a Tuesday letter to White House Counsel Edward Siskel.

The request

“The current lack of documentation leaves reason to doubt claims that this transaction was repayment for a legal loan,” Comer wrote.

“We request documentation clarifying the nature of this payment and whether all applicable documentation and IRS filings were properly made," he added.

The purpose

"The White House keeps insisting the $200,000 dollars President Joe Biden received from his brother was just a 'loan,'" Comer posted to X.

"If true, @POTUS should produce the loan documentation. Regardless, Joe Biden’s ability to recoup funds depended on his brother cashing-in on the Biden brand," he continued.

The significance

"The check, written on March 1, 2018, is the first piece of hard evidence linking Joe Biden to alleged influence-peddling schemes," Newsmax reported.

"According to bank records obtained by the Oversight Committee, James Biden issued the check from his personal bank account on the same day he received $200,000 from Americore — a company going through bankruptcy proceedings," it noted.

The payment involving the president's brother is part of a growing list of evidence pursued in the investigation of the Biden family involving international business bribery.

The total includes tens of millions of dollars to Biden family members from companies in China and Ukraine during the time Joe Biden served as vice president.

The latest evidence connects the president's brother as well, adding even more family members to the concerning allegations regarding first son Hunter Biden and his involvement in his father's business deals during his years before serving as president.

Written By:
Dillon Burroughs

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