Politics /

Oversight Committee Confirms $250K Payment From China to Biden During 2019 Campaign

Oversight Committee Chair: 'Joe Biden’s abuse of public office for his family’s financial gain threatens our national security'

Published: September 27, 2023
  |   By Adrian Norman

The U.S. House Oversight Committee has subpoenaed and received bank wire transfers showing two payments made by Chinese nationals to an account registered to President Joe Biden’s home in Delaware.

Both transactions were made in July and August 2019 while Biden was running for president. The wires were issued to an account for his son Hunter Biden, but the beneficiary address for the account was Joe Biden’s Wilmington, Delaware home, according to the Oversight Committee.

It has been confirmed that Hunter was living at the Biden family home in Wilmington in 2017 through 2019, though it is unclear if he resided there at the time of the wire transfers in 2019.

“Bank records don’t lie but President Joe Biden does. In 2020, Joe Biden told Americans that his family never received money from China,” House Oversight Committee Chairman Rep. James Comer said in a statement about the newly uncovered records.

The financial records could be the smoking gun House Republicans need as they continue probes into allegations the Biden family was involved in influence-peddling arrangements with Beijing, not just Ukraine.

“We’ve already proved that to be a lie earlier this year, and now we know that two wires originating from Beijing listed Joe Biden’s Wilmington home as the beneficiary address when he was running for President of the United States,” Comer continued. “When Joe Biden was Vice President, he spoke on the phone and had coffee with Jonathan Li in Beijing, and later wrote a college letter of recommendation for his children.”

The disclosure comes just weeks after House Republicans announced the opening of an impeachment inquiry into Biden based on circumstantial evidence of impropriety in a number of business dealings connected to his family.

According to the House Oversight Committee, within months of Biden announcing his bid for president in 2018, Hunter received two wires from China for $250,000 and $10,000.

Since the announcement of the impeachment inquiry, Biden allies have insisted there is no real evidence of any crime or pay-to-play scheme. However, confirmation of wire transfers obtained by congress could provide the evidence needed to verify such a scheme did take place.

In July, Sen. Chuck Grassley released a document detailing potentially illicit ties between the Biden family and a number of contacts in Ukraine, where Biden has sent more than $100 billion in aid and supplies since becoming president.

The document was an FBI form recording the testimony of a confidential source for the agency who said Biden and his son Hunter received a combined $10 million in a bribery scheme involving Ukrainian energy company Burisma.

Though multiple news outlets dismissed the story, claiming it was unverified, within days, a separate report confirmed that the FBI had indeed corroborated parts of the document.

Last year, reports surfaced claiming that the Biden family has received $31 million from individuals with direct ties to Chinese intelligence officials in a series of payments dating back to 2009, shortly after Biden was sworn in as vice president. Some of the payments continued through the end of 2019, long after Biden had declared his bid for the presidency.

The Oversight Committee released bank records showing more than $20 million in payments from foreign associates to the Biden family.

“Joe Biden’s abuse of public office for his family’s financial gain threatens our national security,” Comer added in his statement regarding confirmation of the wire transfers.

*For corrections please email [email protected]*

Popular