House Oversight Committee: Biden Family Received Over $10 Million From Foreign Nationals When Joe Biden was VP

Objectivity 4.8 | Credibility 4.8 | Relevance 4.9

On Wednesday the House Oversight and Accountability Committee held a press conference saying the Biden family and its business associates created over 20 companies and received more than $10 million from foreign nationals during Joe Biden’s term as vice president. The committee’s probe included subpoenas of four different banks’ records “tailored to specific individuals and companies that engaged in business activities with Biden family members and their business associates.” Rep. James Comer (R-KY) released a memo which read, “In some instances, Biden associates would receive significant deposits from foreign sources into their bank accounts and then transfer smaller, incremental payments to Biden bank accounts. These complicated and seemingly unnecessary financial transactions appear to be a concerted effort to conceal the source and total amount received from the foreign companies.” The memo includes transactions from Chinese and Romanian nationals and companies.