Nice wall of text. The companies have been named.
What products do they sell?
Simple question.
Answer it.
If Your Time is short
- On May 10, House Republicans investigating the Biden family’s business dealings shared select bank records. The records show that Biden family members received more than $10 million from foreign companies during and after President Joe Biden’s earlier vice presidency.
- Claims that the findings prove the president himself was implicated in a bribery or corruption scandal are wrong and overstate what is supported by evidence.
- Hunter Biden’s business with a Chinese energy company and a Romanian businessman who was charged with corruption have been public knowledge for years. The bank records House Republicans shared provided some new details.
After House Republicans released bank records from their investigation into Biden family business dealings, the phrases "Biden crime family" and "Biden family corruption" dominated conservative banter online.
Conservative political commentator Tomi Lahren
said she would be referring to the Bidens as "the Biden scamily" going forward. U.S. Rep. Marjorie Taylor Greene, R-Georgia,
wrote on Twitter that "Bank records trace $10 MILLION funneled to Biden Crime Family, their business associates and their companies."
Conservative radio show host Dan Bongino
claimed on Twitter that the Republicans’ findings made it an indisputable fact that "Biden was running a shakedown operation."
The available information does not prove Biden himself knew about his family members’ business deals or benefited from the payments.
The released bank records show that businesses connected to the Biden family received more than $10 million from foreign companies, both during and after President Joe Biden’s vice presidency. Republicans have been investigating the Biden family’s business dealings for evidence of wrongdoing or conflicts of interest.
Discussing their findings with reporters, Republicans appeared to choose their words carefully — saying things like, "This could be the most corrupt scheme in American politics" and "We’re pretty confident that the president was very knowledgeable of what his family was doing" — that fell short of a smoking gun.
What’s confirmed and supported by facts, and what remains unsubstantiated? Here’s what we learned about the continuing investigation.
What are the Republicans investigating?
House Republicans launched
multiple investigations after securing their narrow majority, including one examining the Biden family’s domestic and international business practices.
The House Committee on Oversight and Accountability says the investigation is meant to provide transparency and, if needed, could lead the committee to recommend
new laws. Such changes might include requiring senior elected officials’ family members to publicly disclose foreign transactions. Another could call for quicker review of suspicious bank activity reports if they are linked to family members of a president or vice president. If the committee’s subpoenas face legal challenges, it must show in court that its investigation has legislative goals.
The Justice Department has separately been investigating Hunter Biden’s taxes and foreign business work
since 2018. In April, Hunter Biden’s legal team met with Justice Department prosecutors to
discuss the criminal investigation and potential charges,
including tax evasion and a felony gun charge related to a firearm purchase, NBC News
reported.
What did the Oversight Committee find?
On May 10, House Oversight Committee chair Rep. James Comer, R-Ky.,
told reporters that during Biden’s vice presidency, other Biden family members "capitalized on Joe Biden’s public office" and risked U.S. national security. The committee released a
36-page memo outlining its findings.
The committee subpoenaed four banks and received thousands of records, the memo said. Based on those records, the committee said Biden family members, associates and their companies received
more than $10 million in payments from people or companies with foreign ties, during and after Biden’s vice presidency.
A selection of the released bank records show that, from 2015 to 2017, Biden family members received money from a foreign company connected to Gabriel Popoviciu, The New York Times
reported. Popoviciu is a
Romanian businessman who was convicted in Romania on criminal corruption charges.
Hunter Biden’s connection to Popoviciu has
been public since before Biden was elected president. Government ethics experts
in 2019 expressed concerns that Popoviciu tried to use Hunter Biden years earlier to avoid criminal prosecution — even as then-Vice President Joe Biden urged Romania to crack down on corruption. But
no evidence has come to light showing Hunter Biden and Popoviciu’s business relationship violated laws.
The bank records also provided details about Biden family members’ business transactions with links to China. The transactions and Hunter Biden’s connection to a Chinese energy company, CEFC, have
been known for some time. The memo provided new detail, including a copy of a bank transaction from Aug. 4, 2017, when CEFC wired $100,000 to Hunter Biden’s professional corporation.
As you can see there have been no illegal actions done by the bidens ... there sure have been a lot of allegations about their business practices but nothing that is considered illegal ... so when you come up with actual illegalites let me know ...