The Biden family’s banking shell game
Suspicious transactions test new House speaker's resolve
President Joe Biden delivers remarks on funding for Ukraine from the Roosevelt Room of the White House, Wednesday, Dec. 6, 2023, in Washington. (AP Photo/Evan Vucci) more >
COMMENTARY
By Editorial Board - The Washington Times - Thursday, December 7, 2023
OPINION:
President Biden isn’t interested in settling questions about his problematic financial interactions with family members. When asked Wednesday to explain payments flowing between him, his son Hunter and his brother Jim, he fired off a stern denial before shuffling away from the White House press pool.
“It’s just a bunch of lies,” the president said. “They’re lies. I did not. They’re lies.”
Reporters were inquiring about the discovery of bank records confirming that Hunter Biden’s business entity Owasco PC made small, regular deposits into the elder Biden‘s bank account. That’s the same Owasco that received millions in payments from Chinese state enterprises.
The president has consistently denied awareness of Hunter’s financial dealings. Friends of the administration go on to defend the transactions, explaining them as a dutiful son making payments on his father’s Ford Raptor while the son was using that pickup truck. House Oversight Committee Chairman James Comer isn’t buying that story.
“This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” the Kentucky Republican said in a statement.
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READ MORE: https://www.washingtontimes.com/news/2023/dec/7/editorial-biden-familys-banking-shell-game/
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