On the recordDecember 13, 2023
Mr. Speaker, I rise today to support H. Res. 918. Joe Biden has repeatedly lied to the American people about his family's corrupt influence-peddling schemes. He told the American people he never spoke to his son about his family's business dealings. He claimed there was an absolute wall between his official government duties as Vice President and his family. He said that his family never made money from China. All of these are blatant lies. Our investigation has revealed how Joe Biden knew of, participated in, and benefited from his family cashing in on the Biden name around the world. Since January we have learned some of the following: The Bidens created 20 shell companies, most of which were created when Joe Biden was Vice President. The Bidens and their associates then raked in over $24 million through these shell companies from China, Russia, Ukraine, Kazakhstan, and Romania between 2014 and 2019. At least 10 members of the Biden family have benefited or participated in these schemes. The Bidens layered these payments through their bank accounts to hide the sources of the money. The banks even flagged many of these transactions in more than 150 suspicious activity reports to the Treasury Department. One bank investigator was so concerned about Hunter Biden's financial transactions with a Chinese company that he wanted to reevaluate the bank's relationship with him. He noted that his transactions served no current business purpose. That is what I call a shell company.…
Source
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