New financial records from Republicans on the House Oversight Committee show Hunter Biden and the Biden family made $10 million off deals from China, Romania and other countries, a congressman said Wednesday.
U.S. Rep. James Comer, R-Ky., released a 36-page memo on alleged Biden family influence peddling. He said bank records show “the Biden family, their business associates, and their companies received over $10 million from companies belonging to foreign nationals.”
They tried to hide the source of the money, the congressman said.
Comer said the activity occurred while Joe Biden served as vice president under former President Barack Obama and continued when he left office in 2017.
“The transactions in Romania and China show related but separate issues identified … that raise serious questions about financial disclosures and risks to national security,” Comer’s memo said.
The Romanian deals provide evidence of influence peddling, he alleged. He said they show a correlation between the Biden family, their business interests, and Biden’s work as vice president.
The report said Biden members and business associates created more than 20 companies during Biden’s vice presidency. Most were limited liability companies, the memo said.
A Biden spokesman made a statement about Comer before the Wednesday morning press conference.
“Congressman Comer has a history of playing fast and loose with the facts and spreading baseless innuendo while refusing to conduct his so-called ‘investigations’ with legitimacy. He has hidden information from the public to selectively leak and promote his own hand-picked narratives as part of his overall effort to lob personal attacks at the President and his family,” spokesman Ian Sams said in a statement to CNN.