Bank records and other documents suggest that a $40,000 payment President Joe Biden received from his brother in 2017 may have originated from a Chinese firm and moved through a series of Biden-family entities, according to a memo compiled by the Republican-led House Oversight Committee.
The evidence in the memo does not establish beyond a reasonable doubt that the money from the Chinese firm was meant for President Biden, who at the time was a private citizen and a former vice president. But several layers of circumstantial evidence, including a text message from Hunter Biden to his Chinese associates in which he invoked his father’s name days before the money was wired to a Hunter Biden account, has led the Republican chair of the Oversight Committee, Rep. James Comer (R-Ky.), to accuse President Biden of receiving the foreign funds.
