Memo: Biden Family Received $15M in Foreign Money, DOJ Obstructed Probe

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Chairman James Comer, R-Ky., speaks as ranking member Rep. Jamie Raskin, D-Md., and Rep. Jason Smith, R-Mo., chairman of the Ways and Means Committee, look on during the House Oversight and Accountability Committee hearing titled "The Basis for an Impeachment Inquiry of President Joseph R. Biden, Jr.," in Rayburn Building on Thursday, September 28, 2023.
(Tom Williams/CQ-Roll Call, Inc via Getty Images)

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The House chairmen leading the impeachment inquiry against President Joe Biden have issued a 30-page memo outlining their allegations, which include that the Biden family received at least $15 million from foreign sources, and that the Justice Department obstructed probes into investigating Biden.

According to the memo, Justice Department personnel obstructed investigations that could have led to incriminating evidence against President Biden. They also allegedly hampered efforts to prosecute Hunter Biden, the president’s son, for tax crimes related to foreign business arrangements that could implicate the president.

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The memo accuses President Biden of having extensive knowledge of his son’s business dealings, misleading the public about them, and allowing his family to profit from foreigners seeking influence due to his roles as vice president under Barack Obama and currently as president. The chairmen claim that the President was aware of many of his family’s business dealings and even participated in them by attending phone calls and private dinners with his family’s business associates, who paid his family millions of dollars without any identifiable product or service in return.

Furthermore, the memo claimed that bank records have been tracked, showing $24 million in foreign funds flowing into Hunter Biden’s businesses and those of associates between 2014 and 2018. Out of this sum, $15 million allegedly ended up in the accounts of Biden family members or their businesses.

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The memo alleges that these foreign business associates had interests in countries where Biden had an active role in formulating and implementing U.S. foreign policy, both as Vice President and as President. It accuses Biden of being untruthful about his family’s foreign business entanglements.

The memo also disputes claims made by Biden prior to the 2020 presidential election, where he asserted that his family did not receive any money from China. The chairmen argue that this was untrue and that Biden not only knew about his family’s work with Chinese nationals but also met with his family’s Chinese associates, including during his tenure as Vice President.

The impeachment inquiry is partly based on evidence from IRS and FBI whistleblowers about interference in the probe.

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