by Mitch Kokai
Senior Political Analyst, John Locke Foundation
A corporation owned and controlled by Hunter Biden made several direct monthly payments to President Biden beginning in 2018, according to bank records released by the House Oversight Committee on Monday.
The subpoenaed bank records obtained by National Review reveal Owasco PC established a monthly payment of $1,380 to President Biden beginning in September 2018. The committee says the payments establish a direct benefit Biden received from his family’s foreign business dealings, despite Biden’s claims that he has never benefitted from or been involved in his son’s ventures.
“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,” House Oversight chairman James Comer says in a new video detailing the findings. “At this moment, Hunter Biden is under an investigation by the Department of Justice for using Owasco PC for tax evasion and other serious crimes.”
Comer says the payments “are part of a pattern revealing Joe Biden knew about, participated in, and benefited from his family’s influence peddling schemes.”
“As the Bidens received millions from foreign nationals and companies in China, Russia, Ukraine, Romania, and Kazakhstan, Joe Biden dined with his family’s foreign associates, spoke to them by speakerphone, had coffee, attended meetings, and ultimately received payments that were funded by his family’s business dealings,” the committee added in a press release.
It was unclear based on the bank records how many monthly payments were made, but a source familiar with the committee’s probe said investigators had discovered at least three payments.
Last week, the committee released an email from a bank money-laundering investigator who expressed serious concerns about a transfer of funds from China that ultimately trickled down to President Biden in the form of a $40,000 check from his brother, James Biden.