A key House committee on Wednesday released a copy of a $40,000 check it says was laundered through a China company to Joe Biden in 2017, about eight months after he left office as vice president.
The check to Biden dated September 2017, a copy of which was released by the House Oversight and Accountability Committee, is from James and Sara Biden, the president’s brother and sister-in-law.
The committee said the check to Biden is linked to a Chinese energy company, CEFC, that the president’s son Hunter Biden and brother had partnered with. CEFC was associated with the Chinese Communist Party, the committee’s chairman said.
The check is marked as a “loan repayment,” the same notation on a copy of a $200,000 check to Biden that was released by the House committee last month.
“It’s also worth remembering that Biden family efforts to secure millions from this Chinese company began when Joe Biden was still vice president,” House Oversight and Accountability Chairman James Comer, R-Ky., said in a video message. “In taking funds sourced to a CCP-linked company that wanted to advance China’s interests, Joe Biden exposed himself to future blackmail and put America’s interests behind his own desire for money.”
Joe Biden received $40,000 in laundered China money from James Biden & Sara Biden.@GOPoversight has the bank records. @POTUS benefited from his family’s shady China business deals.
Joe Biden exposed himself to blackmail & put America’s interests behind his own. https://t.co/TuQ5q5fKYt
— Rep. James Comer (@RepJamesComer) November 1, 2023
The revelation comes as Oversight and two other House committees are engaged in a formal impeachment inquiry into the president and his actions.
Bank records showing money going directly Joe Biden appear to conflict with the president’s repeated statements that he never benefited from his family’s business deals. House investigators have determined that Biden family members operated at least 20 shell companies that brought in tens of millions of dollars, mostly during Biden’s time as Barack Obama’s vice president from 2009 through 2016.
White House spokesperson Ian Sams strongly criticized Comer.
“Comer’s lies and conspiracy theories are getting more desperate by the day,” Sams, senior adviser to the White House Counsel’s Office, posted on X, formerly Twitter.