Biden’s younger brother James emerges as a central figure in the family’s big-money deals
President Biden‘s younger brother, James B. Biden, doesn’t appear in the headlines as much as his troubled nephew, the president’s son, Hunter Biden.
A House Republican investigation, however, is poised to expose how James Biden and eight additional family members may have profited off his brother’s powerful positions in government and perhaps put national security in danger by compromising the president.
Court documents and Congressional reports show James Biden wasn’t shy about promoting his brother’s influence, including telling potential business partners in 2019 that Joe Biden “was in the room with him” as he closed in on a lucrative deal.
Seven years younger than Joe Biden, James Biden, 73, never graduated college but has made a successful living with a string of varied business ventures, some of the most lucrative deals secured with Hunter Biden.
The two Biden‘s recently raked in seven-figure payouts from energy firms connected to the Chinese Communist Party, bank records obtained by Congressional Republicans show. The money was wired in 2017 and 2018 to Hunter Biden‘s Owasco law firm and then distributed by Hunter Biden to associates and family members. Hunter Biden gave at least $1.4 million to Lion Hall Group, James Biden’s consulting firm based in Merion Station, Pennsylvania. The president’s daughter-in-law, Hallie Biden, also got a cut of the funds.
It’s not clear what services James, Hunter or Hallie Biden provided for the money, but Sen. Charles Grassley, who has been probing the Biden business deals for years, said the payout was to compensate for work helping the Chinese Communist Party-backed firms “pursue deals and expand its reach in the energy sector.”
When James Biden’s bank questioned the large deposits, his wife, Sara Biden, told the bank it was for assisting Owasco with international clients, according to congressional investigators.
Sara Biden did not respond to an inquiry from The Washington Times and a spokesman for James Biden had no comment.
In addition to big payments from the Chinese firms, James and Sara were provided a $100K shopping spree from Hunter and his business associate, Chinese national Gongwen Dong. The two opened a line of credit that James and Sara used to pay for travel, hotels, restaurants and Apple devices, according to the bank records obtained by lawmakers.
Congressional investigators are delving into the foreign business deals via Treasury Department suspicious activity reports generated by banks. Last week, the Republican leading the effort, House Oversight and Accountability Committee Chairman James Comer of Kentucky, said he’s identified an additional six members of President Biden‘s family “who may have benefited from the Biden family’s businesses that we are investigating, bringing the total number of those involved or benefiting to nine.”
More at: https://www.washingtontimes.com/news/2023/apr/21/joe-bidens-younger-brother-james-emerges-central-f/