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Published 9 months ago

Hunter Biden received $250K wire originating in Beijing with beneficiary address listed as Joe Biden's home

  • The Republican-led House Oversight Committee has issued a subpoena to a bank for Hunter Biden's records, revealing two wire transfers from Chinese nationals to Hunter Biden in 2019 that listed President Joe Biden's Delaware home as the beneficiary address. However, these wires do not prove that Joe Biden received any of the money.
  • Hunter Biden's attorney stated that in 2017, Hunter made a substantial investment in a company where one of the wire transfer senders is the CEO. In 2019, when the wire transfers occurred, Hunter Biden was borrowing funds using his equity as security.
  • House Republicans have failed to find specific evidence that Joe Biden financially benefited from his son's business dealings and have instead accused the president of lying and corruption.
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