On Monday, the House Oversight Committee, led by Representative James Comer (R-KY), disclosed subpoenaed bank records indicating that Hunter Biden’s business entity, Owasco P.C., made direct monthly payments to President Joe Biden.
The disclosure challenges Joe Biden’s previous assertions about his non-involvement in his family’s business dealings and raises serious questions about potential conflicts of interest.
“This was a lie.”
The Oversight Committee’s investigation has brought to light that these were not mere personal transactions from Hunter Biden’s account, but payments from a corporate entity that has been receiving funds from various sources, including China. This is particularly concerning given the ongoing Department of Justice investigation into Hunter Biden for allegations of tax evasion and other serious offenses, using Owasco P.C. as a conduit.
“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,” Comer explained.
“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 emerging narrative contradicts Joe Biden’s longstanding claims of an “absolute wall” between his official duties and his family’s business ventures. The president has consistently denied any involvement or benefit from his family’s business engagements, particularly those involving foreign entities.
However, recent findings suggest a different story, one where Joe Biden was not only aware of but also a beneficiary of the financial transactions stemming from his son’s business dealings.
The Oversight Committee’s investigation has been intensifying, with a focus on the extent of Joe Biden’s involvement in his family’s domestic and international business activities. The committee’s efforts have been bolstered by whistleblower testimony and a federal judge’s rejection of a proposed plea deal, which hinted at a possible cover-up attempt by the Justice Department to protect the Bidens.
“When Joe Biden was Vice President, he spoke by phone, attended dinners, and had coffee with his son’s foreign business associates,” said Comer. “He allowed his son to catch a ride on Air Force Two at least a dozen times to sell the “Biden Brand” around the world.”
The evidence of direct payments to Joe Biden from Hunter’s business entity is a significant development in the ongoing Biden family saga. It raises questions about the nature of the Biden family’s business operations and the extent to which they may have leveraged political influence for personal gain. This includes the fact that these payments were made by a corporation with ties to foreign entities, including China.
The committee has highlighted multiple instances where Joe Biden, during his tenure as Vice President, engaged with his son’s foreign business associates, including phone calls, dinners, and meetings. The realization that Hunter Biden requested office keys for an office space he planned to share with a Chinese energy company, with Joe Biden as an office mate, further complicates the narrative of a separation between Joe Biden’s political role and his family’s business dealings.