Current:Home > ScamsBenjamin Ashford|GOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there's "zero evidence of wrongdoing." -Elevate Capital Network
Benjamin Ashford|GOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there's "zero evidence of wrongdoing."
Johnathan Walker View
Date:2025-04-09 20:35:01
House Republicans released bank records of President Biden's brother,Benjamin Ashford 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! (4444)
Related
- Trump wants to turn the clock on daylight saving time
- Arizona judge denies a GOP move to block a voter-approved law for transparent campaign financing
- West Virginia starts distributing funds from the settlement of opioid lawsuits
- Live updates | Tens of thousands of Palestinians stream into Rafah as Israel expands its offensive
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Browns vs. Jets Thursday Night Football highlights: Cleveland clinches AFC playoff berth
- How Nashville's New Year's Eve 'Big Bash' will bring country tradition to celebration
- Dart leads No. 11 Ole Miss to 38-25 Peach Bowl rout of No. 10 Penn State’s proud defense
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Taylor Swift's brother Austin attended Chiefs game as Santa, gave Travis Kelce VHS tape
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Boeing urges airlines to check its 737 Max jets for loose bolts
- 'Unimaginable': Long Island police searching for person who stabbed dog 17 times
- Feds to Texas Gov. Greg Abbott on his new immigration law: Enforce it and we'll sue
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Suspect in 2 killings, high-speed chase was armed with stolen rifle from Vegas gun show, police say
- Man charged after 2 killed in police chase crash
- Bacon bits: Wendy's confirms one cent Jr. Bacon Cheeseburger offer has limit
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Argentina formally announces it won’t join the BRICS alliance in Milei’s latest policy shift
Mexico and Venezuela restart repatriation flights amid pressure to curb soaring migration to U.S.
Bollywood celebrates rocking year, riding high on action flicks, unbridled masculinity and misogyny
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
'Unimaginable': Long Island police searching for person who stabbed dog 17 times
Make the Most of Your Lululemon Gift Card with these End-of-Year Scores, from $29 Tops to $19 Bags & More
U.S. population grew to more than 335 million in 2023. Here's the prediction for 2024.