Republicans Demand White House Forfeit Information on $200,000 Check to President Biden
In a letter sent to the White House Counsel on Thursday, House Oversight Chair Rep. James Comer probed the administration on the circumstances surrounding a $200,000 payment James made to Joe on March 1, 2018. As The Federalist’s Mark Hemingway reported, the check was issued “the same day James Biden’s health care company, Americore, wired a loan of the same amount into the personal bank account of James and his wife Sara.”
Americore CEO Grant White contends that James regularly employed Joe’s political influence to financially benefit the Biden family. During a previous interview with The Federalist, White said that “[James Biden told him] there’s not a single door in the country that we can’t open” and “[h]e always represented himself as the fundraiser for his brother’s campaigns … he was the guy raising the money and so he knew everybody.”
While the White House claimed the check from James was a “repayment” of a loan Joe gave his brother, Comer noted on Thursday that no records obtained by the Oversight Committee “state that Joe Biden made a large loan payment to his brother.”
“Records obtained by the Committee do show numerous large incoming transactions into the personal account of James and Sara Biden from various entities. Some of these transaction records may have obscured the identity of the true payer, but no records in the Committee’s possession state that Joe Biden made a large loan payment to his brother,” the letter reads.
To determine the validity of the White House’s claims that the check was a loan repayment, Comer is asking the administration to provide the committee with “the loan documents, including the loan payment, loan agreement, and any other supporting loan documentation.”
“The current lack of documentation leaves reason to doubt claims that this transaction was repayment for a legal loan,” the letter reads. “We request documentation clarifying the nature of this payment and whether all applicable documentation and IRS filings were properly made.”
Shawn Fleetwood is a staff writer for The Federalist and a graduate of the University of Mary Washington. He previously served as a state content writer for Convention of States Action and his work has been featured in numerous outlets, including RealClearPolitics, RealClearHealth, and Conservative Review. Follow him on Twitter @ShawnFleetwood
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What is the reason behind the $200,000 payment from James Biden to President Biden?
To President Biden was for a “loan repayment,” Republicans are demanding more information about the payment. They argue that the timing of the check and the loan raise suspicions of potential financial impropriety and conflicts of interest.
Rep. James Comer, the Chair of the House Oversight Committee, sent a letter to the White House Counsel on Thursday, seeking clarification on the circumstances surrounding the $200,000 payment. According to a report by Mark Hemingway in The Federalist, the check was issued on March 1, 2018, the same day James Biden’s healthcare company, Americore, wired a loan of the same amount into the personal bank account of James and his wife Sara.
The CEO of Americore, Grant White, has alleged that James Biden regularly used his brother’s political influence to benefit the Biden family financially. In an interview with The Federalist, White claimed that James Biden boasted about his ability to open doors with his brother’s connections. He also stated that James presented himself as the fundraiser for his brother’s campaigns and had extensive knowledge of influential individuals.
The White House has stated that the payment from James to President Biden was a loan repayment. However, Republicans are questioning the timing and the potential conflicts of interest involved. They argue that further details are necessary to ensure transparency and accountability.
This demand from Republicans adds to the growing scrutiny surrounding the Biden family’s financial dealings. Critics have raised concerns about potential conflicts of interest and the involvement of family members in lucrative business ventures. This latest revelation fuels these concerns and raises questions about the extent of James Biden’s influence and involvement in his brother’s political career.
The letter from Rep. Comer to the White House Counsel reflects the determination of Republicans to investigate any potential wrongdoing or ethical lapses related to the Biden family. It calls for a thorough examination of the payment from James Biden to President Biden, seeking clarity on the nature of the funds and their intended purpose.
As the Biden administration faces mounting pressure on various fronts, this latest controversy further intensifies the scrutiny surrounding the president and his family. Republicans are pushing for transparency in this matter, and the White House will need to address their demands to assure the public of their commitment to accountability and ethical governance.
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