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Foreign Transactions

All articles tagged with #foreign transactions

politics2 years ago

GOP Continues to Accuse Biden Family of Wrongdoing Without Direct Evidence

House Oversight Committee Republicans released a 36-page report alleging that more than $10 million flowed from foreign entities to companies associated with the Biden family and family members themselves, but did not show any foreign money flowing directly to Joe Biden. The report did not provide hard evidence that his family’s finances influenced any policy decisions. Republicans plan to craft legislation to strengthen reporting requirements related to foreign transactions by senior business officials’ family members. The White House and House Oversight Committee Democrats aggressively counter-messaged against Comer’s report and press conference.

politics2 years ago

House GOP reveals multiple Biden family members received payments from Chinese companies.

House Oversight Committee Chairman Rep. James Comer claims that at least six or seven members of President Biden's family have profited off their family name through business dealings around the world. Comer is leading a probe into Hunter Biden and the Biden family’s foreign business deals, and certain transactions, including the $3 million wire to John "Rob" Walker, are raising red flags. The committee is "on the hunt" for about a dozen other similar wire transactions. The investigation is being led by Trump-appointed Delaware U.S. Attorney David Weiss.