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.
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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.
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.
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.
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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Today, President Biden attempted to pat himself on the back and gave a speech outlining his foreign policy legacy.
🧵 Here’s the real legacy he will leave behind:👇
Disastrous Afghanistan Withdrawal: The Biden Administration’s withdrawal from Afghanistan was a disaster and resulted in the loss of 13 U.S. service members. We continue to pay the price for this national security failure. U.S. taxpayer dollars continue to flow to the Taliban and an “over-the-rainbow” counterterrorism strategy.
Here is a clip from April 2023 where the Special Inspector General for Afghanistan Reconstruction (SIGAR) shined a light on how Biden Administration has been hiding information on Afghanistan from SIGAR. x.com/RepJamesComer/…
Liquified Natural Gas Pause: To appease environmentalists, the Biden Administration halted the approval of future LNG exports to non-FTA countries, threatening to undermine the energy security of our allies. As the threat of global conflict continues to rise, this shortsighted, politically-motivated decision by the Administration was the wrong move for the U.S. geopolitically and for the future of international energy security.
In May 2024, Rep. Pat Fallon exposed the progressive politics behind the decision. x.com/GOPoversight/s…
We Are Referring Hunter and James Biden for Criminal Prosecution
Our Committee, along with @JudiciaryGOP and @WaysandMeansGOP, today sent criminal referrals to the DOJ recommending Hunter and James Biden be charged with making false statements to Congress about key aspects of the impeachment inquiry of President Joe Biden.
These false statements implicate Joe Biden’s knowledge of and role in his family’s influence peddling schemes and appear to be a calculated effort to shield Joe Biden from the impeachment inquiry.
Lie 1: During his deposition, Hunter Biden made false statements about holding a position at Rosemont Seneca Bohai (RSB), a corporate entity that received millions of dollars from foreign individuals and entities who met with then-Vice President Biden before and after transmitting money to the RSB account that then transferred funds to Hunter Biden. After deposing Hunter Biden, the Committees obtained documents showing Hunter Biden represented that he was the corporate secretary of RSB.
Lie 2: Additionally, Hunter Biden during his testimony relayed an entirely fictitious account about threatening text messages he sent to his Chinese business partner while invoking his father’s presence with him as he wrote the messages.
Hunter Biden testified he had transmitted this threat to an unrelated individual with the same surname. However, documents released by the Committee on Ways and Means demonstrate conclusively that Hunter Biden made this threat to the intended individual, and bank records prove Hunter Biden’s Chinese business partners wired millions of dollars to his company after his threat. A portion of the proceeds has been traced to Joe Biden’s bank account.
Today, another tranche of IRS whistleblower documents was released. Based on new evidence, it appears Hunter Biden lied during our February deposition with him.
Reminder, our deposition with Hunter was under oath…
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In our deposition, Hunter Biden was asked if he was the corporate secretary for Rosemont Seneca Bohai.
He said, “I didn't even know that there was such a thing.”
Here is a corporate resolution signed by Hunter as the “acting Secretary” of Rosemont Seneca Bohai, LLC.
Furthermore, the Committee asked Hunter about foreign payments into the RSB account.
According to evidence provided by an IRS whistleblower, Hunter Biden was the beneficial owner of the entity’s associated bank account.
Here is a document directing Hunter’s monthly Burisma salary to the RSB, LLC bank account.
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
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.
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.
Hunter Biden and his business associates approached the financial firm, Burnham, and proposed transactions for the firm involving Kazakhstan, Russia, and China.
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.
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.