Skip to main content

Market Overview

Joe Biden's Brother To Appear Before House Committee In GOP-Led Impeachment Inquiry: 'He...Has A Lot To Answer'

Share:
Joe Biden's Brother To Appear Before House Committee In GOP-Led Impeachment Inquiry: 'He...Has A Lot To Answer'

James Biden, brother of President Joe Biden, is set to testify in a GOP-led impeachment inquiry this Wednesday. The testimony is part of an ongoing investigation into alleged corruption and influence peddling within the Biden family’s business dealings.

What Happened: James Biden will testify behind closed doors before the House Oversight and Accountability Committee. This is the first of two high-profile testimonies the committee will hear this month as part of its impeachment inquiry into President Biden, reported The Hill.

Republicans spearheading the investigation allege that the president was deeply involved in his family’s business dealings, including those of his younger brother. They claim these dealings were marred by corruption and influence peddling, leveraging the influential Biden name.

“He once again has a lot to answer,” said Rep. Nick Langworthy (R-N.Y.), a member of the House Oversight Committee. He said, “This is going to be a very important moment in this investigation.”

James Biden’s testimony reportedly follows a recent Politico investigation that found he used his brother’s name in negotiations with a rural health care company, Americore Health, which subsequently filed for bankruptcy.

However, the GOP’s impeachment investigation faces hurdles. The Justice Department recently indicted an FBI informant, Alexander Smirnov, who was a key part of the GOP’s allegations against President Biden. This development has cast a new light on the Republicans’ allegations.

James Biden’s testimony is expected to center on the Republicans’ allegations that a series of loans between the brothers were part of a bribery scheme. The panel, however, has not provided evidence to substantiate those claims.

Democrats have defended the Bidens, arguing that the transfer of money between the brothers were short-term loans between family members that were made when Joe Biden was a private citizen and not in office.

See Also: Trump’s Rising Legal Costs Could Make Him ‘Thoroughly Compromised’ Warns Ex-Lawyer Michael Cohen: ‘He Is For Sale’

Why It Matters: The impeachment inquiry into President Biden has been a contentious issue. Former President Donald Trump has been privately supporting the impeachment, advising House Republicans, including Conference Chair Elise Stefanik.

Earlier, Hunter Biden appeared at a House Oversight and Accountability Committee hearing in response to a subpoena he had previously defied.

The impeachment inquiry faced criticism after the indictment of FBI informant Smirnov, who was charged with making false claims about Biden. This led Rep. Jamie Raskin (D-Md.) to call for an end to the inquiry.

Photo by Gints Ivuskans on Shutterstock

Read Next: ‘I Seriously Don’t Know:’ Mark Cuban Claps Back After VC David Sacks Accuses Him Of Supporting Trump’s ‘Show Trials’ And ‘Defending Their DEI Lies’


Engineered by Benzinga Neuro, Edited by
Shivdeep Dhaliwal


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you.
Learn more.


 

Related Articles

View Comments and Join the Discussion!

Posted-In: 2024 election Biden Biden Impeachment Bidens GOPNews Politics General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com