by Mitch Kokai
Senior Political Analyst, John Locke Foundation
Jordan Boyd writes for the Federalist about the results of U.S. House Oversight investigations.
President Joe Biden and his family are at the center of an influence-peddling scheme in which they traded the patriarch’s decades of time in political offices to line their own pockets and then tried to cover up their profiteering with a myriad of complicated transactions and accounts, the House Oversight Committee confirmed during a press conference on Wednesday.
With the help of whistleblowers and congressional subpoenas, Republicans are confidently reporting that the Bidens received at least $10 million worth of diluted payments from foreign companies during and after the president’s time in the Obama White House.
These payments were diced up and transferred to a spread of Biden bank accounts within weeks of significant political action by the then-vice president in the country of the transactions’ origins.
“These complicated and seemingly unnecessary financial transactions appear to be a concerted effort to conceal the source and total amount received from the foreign companies,” the Oversight Committee’s latest memo warns.
At least nine Biden family members including the president’s son Hunter Biden, his brother James Biden, James’s wife, Hunter’s ex-girlfriend who is also his brother Beau Biden’s widow, Hunter’s ex-wife, Hunter’s current wife, and at least one grandchild and a couple of nieces and/or nephews profited from the funneling of funds.
“That’s odd,” Oversight Committee Chair James Comer said. “Most people that work hard everyday’s grandchild doesn’t get a wire from a foreign national or anything like that.”
The latest round of records, obtained by the Oversight Committee from four of the Bidens’ 12 apparent banks, detail yet another round of these payments — this time from China and Romania to the Bidens.
One $3 million payment came from the company of Gabriel Popoviciu, who is the subject of a criminal corruption probe in Romania, to the accounts of Biden family associate Rob Walker mere weeks after Biden, then-vice president, welcomed Romanian leaders to the White House to discuss “anti-corruption efforts” and just more than a year after Biden lectured in Romania about the threat corruption poses to national security.