President Biden committed impeachable offenses by helping his family bank millions of dollars from lucrative foreign and domestic business deals and then conspired to hide the evidence and obstruct an investigation by Congress, House lawmakers concluded in a report.
Three House committees released their findings on Monday after a nearly yearlong investigation of the president. Lawmakers made the report public just hours before Mr. Biden was to be feted at the Democratic National Convention. He will hand off leadership of the Democratic Party to Vice President Kamala Harris, who replaced him as the nominee for president.
Despite its findings, the Republican-led House is unlikely to vote to impeach Mr. Biden, who is not running for a second term.
The report, issued by the Oversight and Accountability, Judiciary, and Ways and Means committees, casts a shadow over Mr. Biden as he serves out the remainder of his term.
The 291-page report outlines evidence from more than a dozen witnesses and thousands of banking records and other documents. Combined, they show that Mr. Biden, dubbed the “big guy,” engaged in a pattern of swooping in to help his family, particularly his son Hunter Biden, score profitable business deals with Ukraine, Russia, China and other countries dating back to his time as vice president.
Sometimes, it was a phone call to a gathering of potential business associates arranged by his son. Other times, Mr. Biden popped in at a meeting.
By sitting down just long enough to exchange pleasantries or phoning in to talk about the weather, Mr. Biden helped secure millions of dollars in profits that fanned out across his family, the report said.
According to bank records cited in the report, foreign business partners paid $18 million to the Biden family from 2014 through 2023. The funds were traced to bank accounts of Hunter Biden, Mr. Biden’s younger brother James Biden, James Biden’s wife, Sara Biden, Mr. Biden’s daughters-in-law, Hallie Biden and Melissa Cohen Biden, as well as the president’s nieces and grandchildren.
Bank records show that Mr. Biden also took in some of the profits in the form of two checks provided by his brother in 2018 labeled loan repayments totaling $240,000.
James Biden sent the money to his brother after receiving a big payment from executives at an American hospital venture. He had promised them “access to a future Biden administration and the highest levels of government.” --->READ MORE HERE
Jemal Countess/Getty Images for Congressional Integrity Project |
President Biden engaged in "impeachable conduct," House Republicans found in their months-long impeachment inquiry, declaring in their highly anticipated report that he "abused his office" and "defrauded the United States to enrich his family."
Fox News Digital obtained a copy of the 292-page report prepared by the House Oversight Committee, House Judiciary Committee and House Ways and Means Committee. Those panels have been leading the impeachment inquiry against Biden.
"The Committees have accumulated evidence demonstrating that President Biden has engaged in impeachable conduct," the report, which lays out evidence gathered to date, says.
Republicans said there is "overwhelming evidence" that Biden participated in a "conspiracy to monetize his office of public trust to enrich his family." They alleged that the Biden family and their business associates received tens of millions of dollars from foreign interests by "leading those interests to believe that such payments would provide them access to and influence with President Biden."
The committees said the Biden family and its associates received more than $27 million from foreign individuals or entities since 2014.
They also alleged that the Biden family leveraged Biden’s position as vice president to obtain more than $8 million in loans from Democrat benefactors. The loans "have not been repaid and the paperwork supporting many of the loans does not exist and has not been produced to the committees."
The Republicans said the conspiracy took place while Biden was serving as vice president.
"As Vice President, President Biden actively participated in his conspiracy by, among other things, attending dinners with his family’s foreign business partners and speaking to them by phone, often when being placed on speakerphone by Hunter Biden," the report states.
Sharon Yang, White House spokesperson for Oversight Investigations, responded to the report in a statement, saying, "This failed stunt will only be remembered for how it became an embarrassment that their own members distanced themselves from as they only managed to turn up evidence that refuted their false and baseless conspiracy theories." --->READ MORE HERE
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