The House House Oversight Committee Chair James Comer (R-KY) torched the White House’ claims that the $200,000 payment President Biden received from his brother was a loan repayment.
Comer’s committee last week found the first direct evidence linking the president to his family’s influence-peddling scheme, corrupt foreign deals, and money laundering. The evidence showed that the president in 2018 received a $200,000 check from his brother James Biden.
BREAKING🚨@RepJamesComer: Joe Biden personally accepted $200K from his family’s business, despite denying involvement at least 9 times
“Where is the money? Biden asked reporters in Sept. Well, Comer says he found some:pic.twitter.com/7xtntpqpXj
— Wendell Husebø (@WendellHusebo) October 20, 2023
Since news of the check broke, James Biden and the White House have denied the check was payment for the president’s involvement in his family’s corrupt businesses. Both parties that the payment was for a loan James Biden received from the president.
Comer, however, does not believe that the check was for a loan repayment. Comer, in an interview with Fox News, insisted that the payment is suspicious because the money came from now-defunct Americore, a company on the verge of going down at the time.
“This check that Jim Biden wrote to Joe Biden came on the same day he received a 200,000-dollar loan from a company that was on the verge of bankruptcy and today is bankrupt,” Comer said. “On the check to Joe Biden, his brother put ‘loan repayment.’ Now, the White House is saying that Joe Biden loaned his brother money. I don’t believe he did. Let’s say they pull something out of their rear end that says Joe Biden loaned Jim Biden money — either way, we have his [James Biden’s] personal bank records. I can say, with confidence, that he had no money to pay Joe Biden back other than that 200,000-dollar wire that came from Americore Health company.
Comer, in another interview on Real America’s Voice, maintained that either the president was paid the $200,000 as payment for his family influence-peddling scheme, a kickback or a dividend.
“Either Joe Biden made $200,000 or he didn’t lose $200,000. Either way, Joe Biden is $200,000 better off today because of his family’s influence-peddling scheme,” Comer said. “And like everything else, we know that Joe Biden met the CEO, we know that Jim Biden made a pitch for Americore Health that he could help them get all sorts of money from the Middle East through his brother’s contacts in the Middle East. This is classic influence-peddling 101, and Joe Biden, as is always the case, was front and center. But this time, we have the hard evidence that he benefited $200,000.”