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Foreign Payments

All articles tagged with #foreign payments

politics2 years ago

"Documents Reveal Trump's Businesses Earned Millions from Foreign Governments During His Presidency"

House Democrats reported that Donald Trump's businesses received at least $7.8 million from foreign governments during his presidency, potentially violating the Constitution's Foreign Emoluments Clause. The payments were made to four Trump properties, with the majority coming from the Chinese government and state-owned entities. The report raises concerns about conflicts of interest, as Trump retained ownership of his businesses while in office. The Trump Organization claims to have donated proceeds from foreign governments to the U.S. Treasury, but the report suggests the payments disclosed may only represent a fraction of the total received.

via CBS News|
#emoluments-clause#foreign-payments#house-democrats
politics2 years ago

"House Report: Trump's Businesses Earned $7.8M from Foreign Governments During Presidency"

The House Oversight Committee's top Democrat released a report alleging that Donald Trump's businesses received $7.8 million from foreign governments during his presidency, with China being the top source. The report aims to counter Republican-led impeachment inquiries into President Biden's family's foreign dealings. Republicans argue that Trump provided legitimate business services for the income, while accusing the Bidens of profiting from their name without offering services. The report details payments from various countries to Trump's businesses and highlights the ongoing debate over the ethics of presidents engaging in private business while in office.

via New York Post |
#biden#foreign-payments#oversight-committee
politics2 years ago

"Jake Tapper weighs in on Biden family money scandal and defends lack of criminality"

CNN anchor Jake Tapper dismissed the recent findings of House Republicans investigating the Biden family's financial dealings as "sleazy" but not criminal during a heated interview with House Oversight Committee Chairman James Comer. Tapper questioned Comer about any evidence of wrongdoing by President Biden, to which Comer cited Hunter Biden's former business partner's testimony and highlighted shady foreign business partners mentioned in the investigation. Tapper acknowledged the existence of sleaze but emphasized the lack of evidence of any crime. The interview also touched on comparisons to the Trump family's financial dealings. Comer criticized the Biden attorneys for obstructing the investigation, while Tapper suggested reporting any evidence of money laundering to the FBI and Justice Department.

via Fox News|
#biden-family#corruption-allegations#foreign-payments
politics2 years ago

"Biden Family's Foreign Payments Exposed: Millions from Russia, Kazakhstan, and Ukraine"

The House Committee on Oversight and Accountability has released a third bank records memorandum revealing new information about the Biden family's alleged influence peddling schemes. The memorandum outlines how the Bidens and their associates received millions of dollars from oligarchs in Russia, Kazakhstan, and Ukraine during Joe Biden's vice presidency. Hunter Biden's former business partner testified that Joe Biden was "the brand" used to enrich the Biden family, and evidence suggests that no real services were provided in exchange for the payments. The committee will continue to investigate whether foreign actors targeted the Bidens, if President Biden is compromised or corrupt, and if national security is at risk.

via House Committee on Oversight and Reform ||
#bank-records#biden-family#foreign-payments
politics2 years ago

House Republicans reveal alleged foreign payments to Biden family in new report.

New bank records obtained by the House Oversight Committee through a subpoena show payments made to companies tied to Hunter Biden from foreign entities in China and Romania, raising questions about his business activities while his father was vice president. However, the committee does not suggest any illegality about the payments from foreign sources, and the bank records do not indicate the purpose of the payments that were made. The memo does not show any payments made directly to Joe Biden, either as vice president or after leaving office.

via CNN|
#bank-records#foreign-payments#house-oversight