Oversight Committee Profile picture
May 10, 2023 14 tweets 3 min read Read on X
🚨BREAKING🚨
 
Since taking the gavel in January, our committee has accelerated our investigation into the Biden family’s domestic and international business practices.
 
We want to update you on a few of our findings for this ongoing investigation.
 
🧵
We have now established a network of over 20 companies formed by the Bidens and their associates.
 
Most of these companies were LLCs and formed when Joe Biden was Vice President.
Based on the financial records we have obtained via bank subpoenas, we can now confidently trace at least $10 million in total from foreign nationals’ and their related companies going to the Biden family, their business associates, and their companies.
What services did the Bidens provide in exchange for this money?
 
It is unclear what they provided other than access and influence.
Joe Biden told the American people on October 22, 2020 that Hunter never made money from China. That is a lie based on the bank records.
The Bidens took steps to hide, confuse, and conceal payments they received from foreign nationals. Here’s one example how a CCP-linked associate layered domestic limited liability companies to pay Hunter Biden. Image
Multiple Biden family members received money from the Chinese after it passed through an associate’s account. Additionally, Hunter Biden received money directly into his company’s account from a Chinese-controlled entity. Image
In addition to the China money ties, we are adding a new country to our growing list of places the Bidens received money from:
 
Romania.
 
The Biden family and associates’ activities in Romania reveal an influence peddling scheme from 2015 to 2017.
While VP Biden was lecturing Romania on anti-corruption policies, he served as a walking billboard for his son & family to collect money.
 
Hunter & his associates capitalized on a lucrative financial relationship with a Romanian national who was later convicted of corruption.
The Bidens received over $1 million for the Romania deal, with 16 of the 17 payments made during Biden’s VP term.

The money stops flowing from Romania soon after Joe Biden leaves office, establishing a pattern of influence peddling.
Due to the info we are releasing today and further developments our committee is aware of, the investigation will enter a new phase.
.@RepJamesComer will soon issue more subpoenas to banks for specific, targeted information.

In addition, he will provide one more opportunity for certain Biden associates—including his art gallerist and Rob Walker—to cooperate willingly with this investigation.
Additionally, @RepJamesComer is publicly releasing this Second Bank Records Memo to the American people so they can see for themselves the activities the Biden family has engaged in, despite the President’s statements to the contrary.

Read Here 👇
oversight.house.gov/wp-content/upl…
Ultimately, we believe the Biden family and their associates courted business in countries that correlated directly with Joe Biden’s work as Vice President.

This is also not normal.

It is not ethical.

And this is why we are working towards legislative solutions.

• • •

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More from @GOPoversight

Mar 18
🚨 TRANSCRIPT RELEASE🚨

Today, we are releasing the transcript of our transcribed interview with Eric Schwerin, a Hunter Biden business associate who also was the bookkeeper for then-Vice President Joe Biden.

Key Takeaways:

- Eric Schwerin’s testimony reveals Joe Biden’s claim there was an “absolute wall” between his government duties and his family’s business is false. Joe Biden’s claim he had no interactions with his son’s associates is false.

- Schwerin admitted to having access to Joe Biden’s checking account and corporate account through the end of 2017 but never saw any loans made out to his brother and sister-in-law, James and Sara Biden.

- Schwerin oddly said that “a grandchild” may have put money in Joe Biden’s checking account.

- Schwerin had no visibility on key foreign payments to the Bidens.

🧵Key Excerpts👇
During his interview, Eric Schwerin stated he prepared financial documents and bookkeeping tasks for then-VP Biden. Joe Biden did not pay Schwerin for his professional services, which included paying bills, tax preparation, and financial disclosures

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Then-VP Biden and his staff often met with Eric Schwerin at the White House regarding bills and financial matters, and Eric Schwerin would help with guest lists for events at Vice President Biden’s Naval Observatory residence.
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Read 9 tweets
Mar 4
🚨TRANSCRIPT RELEASE🚨

Today, we are releasing the transcript of our transcribed interview with Jason Galanis, a business associate of Hunter Biden and Devon Archer from 2012-2015.

Galanis testified that:

· The entire value add of Hunter Biden was his family name and his access to his father, Vice President Joe Biden, or as Galanis called it, the “Biden Lift.”

· Hunter Biden called his father and used his father to close deals with the Chinese and Russians.

· The Department of Justice may be acting to cover up for the Bidens and retaliating against him.

🧵Read the key excerpts👇
According to Galanis, their goal was to make billions, not millions. Image
Hunter Biden and his business associates approached the financial firm, Burnham, and proposed transactions for the firm involving Kazakhstan, Russia, and China. Image
Read 12 tweets
Mar 1
🚨TRANSCRIPT RELEASE🚨

Today, we are releasing the transcript of our transcribed interview with Jim Biden as part of our impeachment inquiry of President Joe Biden.

🧵 See the key excerpts 👇
Jim Biden initially said he was not part of a deal with Rob Walker, Hunter Biden, James Gilliar, and Tony Bobulinski but when presented with an agreement with his signature on it, he changed his story to say he did not recall signing that agreement. Image
Jim Biden’s testimony conflicts with Hunter Biden and Tony Bobulinski’s sworn testimony. Both Hunter Biden and Tony Bobulinski testified that Joe Biden met with Tony Bobulinski, Hunter Biden, and Jim Biden at a hotel in California. Jim Biden said this never happened. Image
Read 9 tweets
Mar 1
🚨TRANSCRIPT RELEASE🚨

Today, we released the transcript of our deposition with Hunter Biden as part of our impeachment inquiry of President Joe Biden.

🧵See the key excerpts👇
Contrary to Joe Biden’s past statements, Hunter Biden admitted he received money from Chinese companies but characterized it as “incredibly ethical.” Image
Hunter Biden admitted he traveled with then-Vice President Biden on Air Force Two to Beijing where he then introduced his father to his business partner, Jonathan Li. Then-Vice President Biden later went on to write a college letter of recommendation for Li’s son.
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Read 13 tweets
Feb 27
🧵THREAD: Evidence of Joe Biden’s involvement in the Biden family “business.”

Our investigation is centered on Joe Biden’s knowledge of, participation in, and benefit from his family’s influence peddling schemes.

Here are key facts unearthed to date.

Recap👇
Biden Associate Devon Archer testified Joe Biden was “the brand” that Hunter Biden sold around the world when his father was Vice President of the United States.
Selling “the brand” has been lucrative for the Bidens. In our third bank records memo, our committee identified over $20 million in payments from foreign sources to the Biden family and their business associates that occurred during Joe Biden’s Vice Presidency.
Read 21 tweets
Feb 21
🚨 POLITICO: Biden’s brother used his name to promote a hospital chain. Then it collapsed.

This weekend, POLITICO released a bombshell report on the Bidens’ interactions with Americore, a financially distressed rural hospital operator.

Reminder: We previously revealed how Americore wired a $200,000 “loan” to Jim Biden’s personal bank account and on the same day Jim Biden wrote a $200,000 check to Joe Biden.

🧵A few key quotes 👇Image
Like other Biden businesses, Joe Biden was a “central element” for Jim Biden’s business scheme. Image
Jim Biden brought up Joe Biden’s campaign to an Americore executive and also used Joe’s name to woo potential partners and investors. Image
Read 10 tweets

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