Republican Seeks IRS Probe Into $240K Biden Received from Brother, Questions Loan Transparency
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Republican Rep. Dan Meuser demanded the IRS investigate $240K in loan repayments President Biden received from his brother James, questioning if Biden properly reported interest income.
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Meuser said the House Oversight Committee has been stonewalled by the White House in requesting records corroborating the loans.
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Bank records show a $40K check from James/Sara Biden landed in Biden's account after a deal between Hunter Biden and a Chinese government-linked company.
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Records show James Biden was paid $600K by a hospital chain after pledging Middle East investments, with $200K then landing in Biden's account.
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Meuser said there's no evidence corroborating the loans and if they can't be verified then Biden intentionally misrepresented the payments to evade taxes.