Current:Home > MarketsGOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there's "zero evidence of wrongdoing." -消息
GOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there's "zero evidence of wrongdoing."
Indexbit View
Date:2025-04-09 11:24:43
House Republicans released bank records of President Biden's brother, James Biden, Friday, that they argue raise more questions about whether President Biden personally benefited from his family's business ventures.
Bank records released by the GOP-led House Committee on Oversight and Accountability revealed a $200,000 personal check paid to Mr. Biden from his brother, James Biden, and sister-in-law, Sara Biden. The personal check, which was labeled a loan repayment, was issued before Biden's presidency, on the same date in 2018 when Americore Health LLC, a healthcare company that manages rural hospitals across the United States also wired a $200,000 loan into James Biden's PNC bank account.
In video remarks posted to X, Rep. James Comer, the Republican chairman of the House Oversight and Accountability Committee claimed, "Joe Biden's ability to be paid back by his brother depended on the success of his family's shady financial dealings."
In a bankruptcy filing last year, Americore Health LLC claimed James Biden received hundreds of thousands of dollars in loans from the company on the promise that his last name "could 'open doors' and that he could obtain a large investment from the Middle East, based on his political connections."
After Americore Health LLC later filed suit for non-payment, James Biden agreed to a settlement payment with Americore Health LLC for $350,000.
James Biden's attorney took issue with the way the GOP-led panel has described the check.
"The Oversight Committee's description of the $200,000 check is highly selective and misleading," said Paul Fishman, attorney for James Biden. "The Committee has the bank documents that show both the loan Jim received from his brother in January 2018 and the repayment by check six weeks later. At no time did Jim involve his brother in any of his business relationships."
This latest document release comes after Rep. Comer pledged to "continue to follow the money" in its investigation into the Biden family's businesses, even as the House remains in disarray, without an elected speaker for over two weeks. Shortly after Rep. Kevin McCarthy was ousted as speaker, Comer asserted the Oversight Committee would continue to "read emails, text messages, put together timelines trying to get people to come in."
In September, the Oversight Committee said it had "uncovered how the Bidens and their associates created over 20 shell companies – most of which were created when Joe Biden was vice president – and raked in over $24 million dollars between 2014-2019," adding committee investigators had "identified nine members of the Biden family who have participated in or benefited from these business schemes." President Biden was not among those named by the committee.
The House of Representatives remains paralyzed, and Republicans, who are in the majority, are back to square one, after dropping Rep. Jim Jordan as their speaker nominee following his third failed attempt to win the speakership Friday. Republicans will try again to settle on a candidate Monday, nearly three weeks after Rep. Kevin McCarthy first lost his speakership earlier this month.
"It's no coincidence they rushed out a new distraction mere minutes after yet another failed Speaker vote," Ian Sams, White House spokesman for oversight and investigations said in a statement to CBS News.
"After rummaging through thousands of pages of a private citizen's bank records, they have again turned up zero evidence of wrongdoing by President Biden – and that's because there is none."
- In:
- Joe Biden
veryGood! (249)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Louisville’s ‘Black Lives Matter’ Demonstrations Continue a Long Quest for Environmental Justice
- AP Macro gets a makeover (Indicator favorite)
- Q&A: An Environmental Justice Champion’s Journey From Rural Alabama to Biden’s Climate Task Force
- Highlights from Trump’s interview with Time magazine
- In bad news for true loves, inflation is hitting the 12 Days of Christmas
- Following Berkeley’s Natural Gas Ban, More California Cities Look to All-Electric Future
- Farmworkers brace for more time in the shadows after latest effort fails in Congress
- Sonya Massey's father decries possible release of former deputy charged with her death
- Chicago officers under investigation over sexual misconduct allegations involving migrants living at police station
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- U.S. Electric Bus Demand Outpaces Production as Cities Add to Their Fleets
- Investors prefer bonds: How sleepy government bonds became the hot investment of 2022
- Six ways media took a big step backward in 2022
- Retirement planning: 3 crucial moves everyone should make before 2025
- Tree Deaths in Urban Settings Are Linked to Leaks from Natural Gas Pipelines Below Streets
- Minnesota and the District of Columbia Allege Climate Change Deception by Big Oil
- After the Fukushima disaster, Japan swore to phase out nuclear power. But not anymore
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
These 7 charts show how life got pricier (and, yes, cheaper!) in 2022
Newark ship fire which claimed lives of 2 firefighters expected to burn for several more days
At a French factory, the newest employees come from Ukraine
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Missouri man convicted as a teen of murdering his mother says the real killer is still out there
Pregnant Athlete Tori Bowie Spoke About Her Excitement to Become a Mom Before Her Death
Dylan Sprouse and Supermodel Barbara Palvin Are Engaged After 5 Years of Dating