"BREAKING â @GOPoversight has uncovered a $40,000 payment of laundered Chinese money directly to Joe Biden himself," Rep. Steve Scalise, R-La., wrote Nov. 1 on X, formerly Twitter. "Joe Biden isn't just implicated in his family's corruption scheme - he's a key financial beneficiary."
These bank records show that the money in question appears to have originated with a Chinese business that Biden's son Hunter had engaged. But the best information we have suggests Scalise overreached by not providing proof of a crime. "Money laundering" is a legal term that assumes the money was obtained through illegal means; there's been no illegal activity shown. The $40,000 came to Joe Biden in a check written by his sister-in-law for what it says was a "loan repayment."
In September, after years of investigating the Bidens' foreign business dealings, Republicans opened an impeachment inquiry into Joe Biden. The evidence Republicans have provided so far, including during the impeachment inquiry, has not proved Joe Biden engaged in wrongdoing. House Republicans on Nov. 8 issued subpoenas for Hunter Biden and Joe Biden's brother, James, as part of the inquiry.
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