House Republicans have wrapped up their impeachment inquiry into President Joe Biden, accusing him of engaging in āimpeachable conductā to advance a years-long influence-peddling scheme that allegedly enriched his family by more than $27 million from foreign sources. The final report, released by the House Ways and Means, Oversight, and Judiciary committees on Monday, outlines how individuals and entities from Ukraine, China, Russia, Romania, and Kazakhstan funneled millions to the Biden family and their business associates through a network of shell companies designed to obscure the origins of the funds.
The report claims that hundreds of thousands of dollars from these business dealings, including funds traced back to China, directly benefited President Biden. However, while the report suggests that Bidenās conduct may warrant impeachment, it leaves the final decision to lawmakers, stressing the seriousness of the matter.
āThe totality of the corrupt conduct uncovered by the Committees is egregious. President Joe Biden conspired to commit influence peddling and grift. In doing so, he abused his office and, by repeatedly lying about his abuse of office, has defrauded the United States to enrich his family. Not one of these transactions would have occurred, but for Joe Bidenās official position in the United States government,ā the report states. It further emphasizes that impeachment is the āConstitutionās Remedyā for such conduct but cautions that the decision should not be made lightly.
The impeachment inquiry focused on allegations that Biden, during his tenure as vice president, used his position to boost the Biden family ābrand,ā enabling his son, Hunter Biden, to profit from his connections. Witnesses testified that Biden met with many of his sonās foreign business associates, which, according to Republicans, helped facilitate the influence-peddling scheme.
The investigation also revealed that the Biden family received $8 million in loans from Democratic donors, with a significant portion of those loans remaining unpaid. Kevin Morris, a Hollywood attorney and close friend of Hunter Biden, was identified as one of the main benefactors.
House Republicans built their case on financial records, internal communications, and witness testimony, portraying the Biden familyās alleged influence-peddling operation in detail. The report outlines how funds flowed from entities such as Ukrainian energy company Burisma Holdings, Chinese conglomerate CEFC, and various oligarchs from Romania, Russia, and Kazakhstan into holding companies controlled by Hunter Biden and his associates between 2014 and 2019.
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