House Oversight Committee Chairman James Comer (R-KY) continues to dig into the Biden family's business dealings and dropped quite a bombshell this week.
According to Breitbart, Comer revealed the existence of a 2018 check cut by James and Sara Biden to President Joe Biden to the tune of $200,000.
The Kentucky Republican, who has spearheaded the investigations into the Biden family's influence-peddling business, made the announcement in a video posted to X.
🚨 BREAKING 🚨
We have found a $200,000 DIRECT payment to Joe Biden.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/0vq3lqhRHz— Oversight Committee (@GOPoversight) October 20, 2023
"A document that we’re releasing today raises new questions about how President Biden personally benefited from his family’s shady influence peddling of his name and their access to him," Comer said in the video.
He added, "Bank records obtained by the House Committee on Oversight and Accountability have revealed a $200,000 direct payment from James and Sara Biden to Joe Biden in the form of a personal check."
James and Sara Biden wrote "loan repayment" in the memo section of the check, images of which were uploaded on social media.
Joe asked us where the money was? Well, we found it.
Americore Health LLC wired $200,000 to James and Sara Biden, and on the same day, James and Sara wrote a $200,000 check to Joe Biden.
This check is how Joe Biden should be remembered. pic.twitter.com/3B2DUpyWsB
— Rep. Lauren Boebert (@RepBoebert) October 21, 2023
The chairman revealed the origins of the check cut by the president's brother, saying:
In 2018, James Biden received $600,000 in loans from, Americore — a financially distressed and failing rural hospital operator. According to bankruptcy court documents, James Biden received these loans “based upon representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections.”
On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden’s personal bank account — not their business bank account. And then on the very same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden.
He summarized by emphasizing that Americore, a distressed company, first loaned James Biden the money who, in turn, sent it to Joe Biden.
"Even if this was a personal loan repayment, it’s still troubling that Joe Biden’s ability to be paid back by his brother depended on the success of his family’s shady financial dealings," Comer said.
— Oversight Committee (@GOPoversight) October 20, 2023
Questions were immediately raised whether Joe Biden has documentation to prove that he lent James Biden the money, and if so, why and when.
Many across social media, including high-profile Republican lawmakers, believe that the "loan repayment" was simply another way to funnel profits from the family business to Joe Biden, the "Big Guy." Only time will tell if the truth ever comes out.
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