In a development that has rocked Washington, D.C., Chairman James Comer (R-KY) of the House Oversight Committee revealed that a direct payment to Joe Biden in the amount of $200,000 has been revealed. The check came from Mr. James Biden, a business associate of Hunter Biden’s, and his wife Sara.
According to an announcement released via X, the Committee said “We have found a $200,000 DIRECT payment to Joe Biden.”
— Oversight Committee (@GOPoversight) October 20, 2023
A press release from the committee laid out the astonishing findings.
“In 2018, James Biden received $600,000 in loans from, Americore—a financially distressed and failing rural hospital operator, according to bankruptcy court documents,
James Biden received these loans “based upon representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections.”
On March 1, 2018, Americore wired a $200,000 loan into James and Sara Biden’s personal bank account – not their business bank account. On the same day, James Biden wrote a $200,000 check from this same personal bank account to Joe Biden.”
Comer explained, “Even if this was a personal loan repayment, it’s still troubling that Joe Biden’s ability to be paid back by his brother depended on the success of his family’s shady financial dealings.”
The Chairman laid out a series of questions that the committee is demanding President Biden answer for the public:
- Does he have documents proving he lent such a large sum of money to his brother and what were the terms of such financial arrangement?
- Did he have similar financial arrangements with other family members that led them to make similar large payments to him?
- Did he know that the same day James Biden wrote him a check for $200,000, James Biden had just received a loan for the exact same amount from business dealings with a company that was in financial distress and failing?
As noted in an informational piece from Thompson Reuters, in 2016 during the presidential elections, there were widespread allegations of Russian interference in the election and an alleged “quid pro quo” between Moscow and the soon-to-be 45th President.
Reuters goes on to cite, “The concept of quid pro quo has also been central to regional political scandals,” providing a clear example of the type of scandal: “In 2018, Sheldon Silver, former speaker of the New York Assembly, was convicted on federal corruption charges. As speaker, Silver allegedly arranged to have the State Health Department award grants to Robert Taub, who ran a cancer research clinic. In exchange, Dr. Taub referred his cancer patients with legal claims to a law firm associated with Silver, who allegedly got a portion of the fees.”
Based upon the common definition of a ‘Quid pro Quo’ being “‘something for something, this for that,’ and is ‘an action or thing that is exchanged for another action or thing of more or less equal value; a substitute,'” one could convincingly argue that the direct money trail from James to Joe Biden, coupled with the “representations that his last name, ‘Biden,’ could ‘open doors’ and that he could obtain a large investment from the Middle East based on his political connections,” could present the most blatant case of Quid pro Quo corruption in American history.