The House Oversight Committee has obtained financial documents outlining monthly transfers from Hunter Biden to his father, President Joe Biden.
On Monday, GOP House Oversight Chairman James Comer of Kentucky announced the discovery of subpoenaed bank records revealing monthly payments of $1,380 directly to Joe Biden from Owasco PC, a corporate enterprise owned by Hunter Biden. Owasco has been documented receiving payments from Biden business associate Rob Walker’s company as well as a deposit from Chinese energy conglomerate CEFC.
Payments from Owasco to Joe began on Sept. 15, 2018, according to a copy of the monthly transfer authorization agreement reviewed by The Federalist. While the form does not list an end date, the Daily Mail has reported that additional transfers occurred in October and November 2018.
The documents offer House investigators the latest evidence of direct money transfers to the president from his son, who capitalized on the family name in a global influence-peddling operation. They also contradict a memo from Hunter Biden’s legal team last month featured in The Washington Post.
“There is not a single financial transaction between President Biden and his son related to or involving any of Hunter Biden’s business ventures or prior private commercial dealings,” the first son’s lawyers wrote.
Financial records reviewed by the House Oversight Committee to date show the Biden family directed money through more than 20 shell companies, most of which were established while Joe Biden was vice president. The Biden family was found to have raked in upwards of $20 million from foreign oligarchs in China, Russia, and Kazakhstan.
House Republicans launched an official impeachment inquiry in September into the Biden family’s influence-peddling schemes. In November, they issued formal subpoenas directly to several members of the Biden family, including Hunter Biden and Joe Biden’s brother James. House Republicans also extended requests for transcribed interviews from individuals involved in Hunter Biden’s dealings, including his newfound career selling high-end art.
Hunter Biden’s attorneys insisted last week that their client would be available to testify before House lawmakers, but only in a public forum. Comer responded to the demand with Republican House Judiciary Chairman Jim Jordan on Friday.
“Mr. Biden’s attempt to avoid sitting for a deposition pursuant to the terms of subpoenas — by offering instead to testify at a public hearing — amounts to a demand that he receive special treatment from the Committees,” they wrote. “Mr. Biden will not succeed in attempting to dictate to the Committees how they conduct their investigation.”
The subpoena demanded that Hunter Biden appear on Capitol Hill for a sit-down deposition on Dec. 13.