Republican impeachment inquiry into Joe and Hunter’s business ties enters second year as White House maintains there is ‘no evidence’: Trusted Biden associate Michael Lewitt who has been SUED by the SEC for fraud is called up to testify
Republicans are pressing ahead with their impeachment inquiry against Joe Biden in 2024, despite the White House insisting they have “no evidence.”
In the last week of December, Republicans called James Biden's former business partner Michael Lewitt to testify. They say the interview will be crucial in their investigation into whether President Joe Biden profited from his son and brother's business dealings.
Republicans insist Lewitt has additional information about a $200,000 “loan payment” check to Joe from his brother James, which they say came shortly after a lucrative business deal with Americore.
Lewitt was also charged by the SEC in September with allegedly misleading investors out of millions of dollars through his Third Friday Management fund.
Because of the SEC's damning allegations and Lewitt's “involvement with Americore” and “relationship” with James Biden, he must appear before Congress, Chairman James Comer, R-Ky., said. of the House Oversight Committee, and House Judiciary Chairman Jim Jordan, R-Ohio.
But the White House insists Joe was not involved in the deals of his son Hunter or brother James.
White House press secretary Karine Jean-Pierre said Tuesday on MSNBC that Republicans still have “no evidence” to impeach the president.
The White House maintains that Joe had no involvement in the deals of his son Hunter or brother James
Despite not being a public health consultant or medical expert, James Biden was hired by Americore as the healthcare startup sought to build hospitals in rural America while his brother was leaving the vice presidency.
“There is no evidence,” Jean-Pierre said when asked by host Jonathan Lemire. “It doesn't just come from the Democrats. It also comes from the Republicans. There's none there.'
“It's so unfortunate that Republicans in Congress want to focus on the president's family rather than the American family,” she continued, saying the White House wants to “work with them in a bipartisan way to get things done.” to get.'
But the White House is sure to face more questions about Joe's connections amid his son Hunter's many legal troubles as he is expected to appear in court next week.
In September, federal prosecutors charged Hunter on illegal weapons charges, which carry a maximum penalty of 25 years in prison.
And earlier in December, the Justice Department filed nine new criminal charges against Hunter for allegedly spending millions on “drugs, prostitutes and exotic cars” while avoiding $1.4 million in taxes over four years .
The first son will appear in court on January 11 to face charges over the new tax levy, just four days before the Iowa caucuses.
In a letter to Lewitt last week, Comer and Jordan stated, “The committees are interested in your involvement with Americore and your relationship with James Biden.”
“Specifically, the committees are seeking information you possess regarding your business dealings with both Americore and James Biden, including, but not limited to, the 'loans' James Biden received from the financially struggling company.”
Americore Trustee Carol Fox interviewed with the Oversight Committee less than a week after a Dec. 13 vote in the House of Representatives.
Despite not being a public health consultant or medical expert, James Biden was hired by Americore — as the healthcare startup sought to build hospitals in rural America while his brother left the vice presidency.
But unfortunately for Americore, James Biden and his connections fell flat.
The company imploded in 2019 and filed for bankruptcy amid a pile of lawsuits and a federal investigation into fraud allegations. Americore also accused Jim Biden of defaulting on $600,000 in loans.
Fox has sued James Biden, alleging that he “claimed that his last name, 'Biden,' could 'open doors' and that he could get a major investment from the Middle East based on his political connections.”
Fox alleged that James Biden helped obtain “an ill-advised bridge loan from a hedge fund that had a damaging impact on the debtor's financial affairs and ultimately forced the debtors into bankruptcy, as (James Biden) never received the promised major investment from the Middle East has delivered. East.'
Jim Biden paid Americore back $350,000 last year to settle the lawsuit — even though his lawyers said he played no role in the company's demise and that he received the money for consulting work and not for loans, as the Fox trustee had claimed .
According to a source familiar with the interview, Fox determined that James Biden had provided no services to Americore — and that Americore provided a “loan” to James Biden without documentation in exchange for a promise of Middle East financing that never materialized came.
Another source with direct knowledge of the interview insisted that Fox said she had no evidence that Joe Biden was involved in his brother's affairs and that she believed the settlement was fair and equitable.
According to bankruptcy court documents, James Biden took money from his healthcare company Americore and sent it directly to his brother Joe Biden.
The documents show that James Biden received $600,000 in loans from Americore in 2018. James was able to receive the loans based on “representations” that his last name, “Biden,” could “open doors.”
On March 1, 2018, Americore transferred a $200,000 loan to James and Sara Biden's personal bank account.
White House Press Secretary Karine Jean-Pierre said Tuesday on MSNBC that Republicans still have “no evidence” to impeach the president
Hunter Biden visited his attorney Kevin Morris' home in Pacific Palisades, CA on December 27, 2023
Americore Trustee Carol Fox interviewed with the Oversight Committee less than a week after a Dec. 13 vote in the House of Representatives.
That same day, James Biden wrote a check for $200,000 to “Joseph R. Biden” from his personal account for “loan repayment.” At that time, Joe had already left the position of vice president.
Democrats point to bank records showing that Joe James had borrowed the exact same amount via wire transfer weeks earlier.
But Republicans say that cable didn't say “loan” or “Joe Biden,” and there's no definitive answer as to exactly which account the money came from.
Republicans leading the investigation into the Biden family's “influence peddling scheme,” which is at the heart of their impeachment inquiry into the president, say this personal audit directly shows that Joe knew about — and was involved in — the actions of his family.