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Biden family 'loans' raise serious questions
Congress owes it to the American people to learn the truth about the
Biden family business
Rep. Jason Smith By Rep. Jason Smith Fox News
Published October 31, 2023 5:00am EDT

Rep. Jason Smith: This is what the Biden impeachment inquiry is about
Rep. Jason Smith, R-Mo., calls out the Biden family's business dealings
on 'The Story.'

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Few Americans have ever received a $200,000 payment, especially from a
relative. Yet that’s apparently business as usual in the Biden family,
where large sums suspiciously transfer from one member to the next, even
as President Biden denies being entangled in his son’s international
business dealings.

The mounting evidence continues to underscore why Congress must
determine whether the president personally benefited from the Biden
family global business operation and if access to then-Vice President
Biden and his political influence was put up for sale.

Bank records do not lie. We now know Joe Biden received a $200,000
payment from his brother, James Biden, just after his brother received a
loan for that exact same amount from a health care company he was doing
business with. These "loans" were granted to James Biden in exchange for
opening doors and helping that company obtain an investment from the
Middle East.

President Joe Biden
President Joe Biden holds a meeting at the White House on April 4, 2023.
(Kevin Dietsch/Getty Images))

However, this is not the first time James Biden has relied on his
brother Joe Biden’s name and position when it comes to his business
ventures. In the summer of 2006, James Biden is quoted saying "don’t
worry about the investors… we’ve got people all around the world who
want to invest in Joe Biden."

COMER DEMANDS WHITE HOUSE PROVIDE RECORDS TO PROVE $200K PAYMENT TO
BIDEN FROM BROTHER WAS A LOAN

While this is the first time this banking information has come to light,
there’s nothing new about the serious concerns regarding the Biden
family's use of so-called "loans" to shuffle money to Biden family
members, including apparently to Joe Biden.

In 2020, the same year Joe Biden was running for president, a
high-profile Hollywood attorney, Kevin Morris, began paying Hunter
Biden’s unpaid tax liability to the tune of $2 million. While Hunter
Biden’s attorneys have now sought to characterize this payment as a
"loan," it appears as though the paperwork trying to support such was
only done years after the fact and once the IRS began to raise suspicion.

'SERIOUS SITUATION': Jim Jordan reacts to new revelations in the Biden
family probeVideo

The payment made to Hunter Biden by Kevin Morris to cover unpaid tax
liabilities is a critical piece of the puzzle. It's only right to
question what Morris received in return for this significant sum, or
whether the Biden campaign sought this donation to shield Joe Biden from
scrutiny during a presidential election, thus violating campaign finance
law.

We already know that the Bidens used over 20 shell companies to move
money around the world and disguise the flow of money. Now we understand
that on top of that structure, the Biden family seems to have used a
series of loans to move money from family member to family member.

This kind of financial maneuvering is highly unusual and demands
transparency, especially when it comes to those entrusted with leading
our nation. We must ensure government officials are not abusing the
public’s trust to enrich themselves or their families through their
position as a public office holder.

James Comer: Biden family was selling access to Joe to our enemies
around the worldVideo
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The House of Representatives will investigate these so-called "loans" to
ensure that America’s leaders are working for the American people, not
their own self-interests.

To make matters worse, IRS whistleblowers who came forward to the Ways
and Means Committee revealed the Biden Justice Department impeded their
investigation into potential campaign finance violations involving the
Biden presidential campaign and the payment from Morris.

No one, regardless of their position, should be shielded from
accountability. Our Republic and public trust in our institutions rely
on transparency and equal treatment under the law.

House issues subpoenas to Hunter Biden, James Biden after first
impeachment inquiry hearingVideo
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Polls show that nearly half of American adults now believe President
Biden "definitely" or "probably" did something illegal in relation to
his son, Hunter. It is time for Congress to seriously consider the fact
that the staggering number of connections between President Biden and
his family’s business dealings rise beyond the level of mere
coincidence, and that the president may have been complicit – or worse,
involved – in these unscrupulous "business" ventures, and seek to hold
him accountable.

We owe it to the American people to dig deep and get to the truth, no
matter where it leads us. Congress’ ongoing inquiry into the Biden
family’s business dealings is a step toward achieving that goal.

CLICK HERE TO READ MORE FROM REP. JASON SMITH

Republican Jason Smith represents Missouri's 8th Congressional District
and is Chairman of the House Ways and Means Committee.

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chisolm1
6 hours ago
Paying a few million, in cash, for a beach house, owning other homes,
checks passing back and forth among the Biden family members, numerous
LLCs, i.e. shell companies, and all from a government paycheck for half
a century, should, at least make even the most radical Democrat curious.
When asked about the Biden finances, the stock response from Democrats
is screeching; Trump, Trump. Trump had many accomplishments during his
term, one of the most valuable, and hopefully enduring, is he revealed
the level of corruption within our government. It is up to the American
people, through their elected representatives, to do something about it.

djwalters4512
4 hours ago
If one of us just gave a relative 200k and verbally stated it was a loan
or loan repayment and the IRS did an audit, what would happen to us
regular folks? ...

Wreck-Less
6 hours ago
It is not a “loan” if both parties never expect it to be paid back.
(Except in terms of access or policy support. ie. Corruption.)

bideniscompost
6 hours ago
As Vice President, Joe Biden allowed his son to travel on Air Force Two
with him to court business around the world. Vice President Biden
brought Hunter Biden along to at least 15 countries where he sold “The
Brand” to enrich the Biden family.

StoneTalons424
5 hours ago

“Chinese elite have paid some $31 million to Hunter and the Bidens”
--- New York Post 1/27/22

“Jarring: Two of Joe Biden’s Grandchildren Received Unexplained Foreign
Cash”
--- American Inside

“Hallie Biden identified as mystery Biden family member who received
China-linked payments”
--- Washington ...

wyovoter
4 hours ago
There are 82,000 pages of e-mails produced by Biden as VP that use
pseudonyms to cover his identity (not conspiracy theory - look it up).
There is an entire political party of delusional liberals squealing
there is no evidence of Biden family crime.

zkasky
5 hours ago

If there is a transaction showing the loan repament then there must be a
transaction showing Joe lending the money out from his account. Where is
the transfer from Joe loaning money to his brother and why hasn't this
been mentioned?