GOP Releases Hunter’s Bank Records – $20M Went Where?

The Republican chair of the House Oversight Committee, James Comer, has released new information on the business dealings of Hunter Biden, including his bank records. The 19-page document shows the President’s son receiving millions of dollars in payments from Russian and Kazakhstani oligarchs while Joe Biden was Vice President. The committee said the total amount Hunter Biden has received from foreign companies is around $20 million.

It is the third memorandum released by the committee; the first two have already shown that Biden Junior had extensive business dealings with foreign firms, including in China. Investigations found that President Biden was personally involved in dealings with foreign companies and is said to have spoken to representatives by phone on around 20 occasions.

It was already known that Hunter Biden received millions from a Ukrainian energy company named Burisma, and these payments feature in the images of bank transactions contained within the file. Also included are screenshots of payments by Russian officials to companies owned and founded by Hunter Biden. Among these is a $3.5 million transfer to Hunter Biden’s company Rosemont Seneca Thornton from then-Mayor of Moscow Yury Luzhkov.

The issue is worrying Democrats who see a potential impact on the 2024 election. Voters could easily see Biden as corrupt, and Republicans are likely to focus on that.

On top of suspect financial arrangements, Hunter Biden was also subject to criminal sanction for illegal firearms possession and failure to pay his taxes. He reached a deal with the Department of Justice on these charges, which led to allegations of favoritism by Republicans, but the deal fell apart when a judge refused to accept it.

In a separate scandal, the President’s son fathered a child in Arkansas, denied the child, and then was forced to pay to support the young girl. He was recently involved in a legal battle with the child’s mother, and commentators condemned the President and the wider family for refusing to acknowledge or accept the child.