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Hunter Biden initiated direct monthly payments from his company to President Joe Biden’s personal checking account in September 2018, according to bank records obtained by the House Oversight Committee and shared with the Washington Free Beacon.
The records are the most direct evidence to date that Joe Biden profited from his son’s overseas business dealings. The company, Owasco PC, served a critical role in Hunter Biden’s Chinese ventures, receiving nearly $5 million from the Chinese energy conglomerate CEFC in 2017 and 2018. Hunter Biden signed a document in early September 2018 authorizing Owasco to make monthly payments of $1,380 to Joe Biden’s checking account, with the first payment landing in his father’s account on Sept. 17, the records show.
The records disprove the Biden administration’s claim that there were no financial transactions between the president and his son’s business ventures, and are likely to take center stage in House Republicans' impeachment inquiry into Joe Biden. It’s unclear what the payment was for, or whether Owasco made any subsequent payments to the president’s checking account. Hunter Biden’s attorney, Abbe Lowell, did not return a request for comment.
"Payments from Hunter’s business entity to Joe Biden are now part of a pattern revealing Joe Biden knew about, participated in, and benefited from his family’s influence peddling schemes," House Oversight Committee chairman James Comer (R., Ky.) said Monday. "This wasn’t a payment from Hunter Biden’s personal account, but an account for his corporation that received payments from China and other shady corners of the world."
The House Oversight Committee’s revelation comes as Hunter Biden challenges a subpoena to appear for a closed-door deposition before the committee on Dec. 13. Lowell said the investigation into Joe Biden’s involvement in Hunter Biden’s overseas business dealings was a "fishing expedition" and claimed Republicans could manipulate his testimony. Hunter Biden instead offered to testify during a public hearing --->READ MORE HERE
Hunter Biden sent his father, President Joe Biden, monthly payments from the bank account he used to receive money from Chinese business associates, newly released bank records show.
House Oversight Committee Chairman James Comer shared a video Monday on Twitter revealing redacted bank records containing direct payments to Joe Biden from Hunter Biden’s Owasco P.C. bank account.
🚨 BREAKING 🚨 Hunter Biden’s business entity, Owasco P.C., made DIRECT monthly payments to Joe Biden.
@RepJamesComer explains 👇 pic.twitter.com/7bXyGYmWVZ
— Oversight Committee (@GOPoversight) December 4, 2023
“Today, the House Oversight Committee is releasing subpoenaed bank records that show Hunter Biden’s business entity, Owasco PC, made direct monthly payments to Joe Biden. This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” Comer says in the video. The payments appear to have taken place beginning in September 2018, the bank records show.
“Payments from Hunter’s business entity to Joe Biden are now part of a pattern revealing Joe Biden knew about, participated in and benefited from his family’s influence peddling schemes.” --->READ MORE HEREFollow links below to relevant/related stories:
+++++Biden got recurring $1,380 payment from Hunter’s firm starting in 2018+++++
Bank Records Reveal Hunter Biden’s Company Authorized Monthly Payments To Joe
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