Republican James Comer says Bidens will be given subpoenas in a matter of DAYS: GOP targeting Hunter and James in scheme they say has raked in $20million from foreign sources

Republican James Comer revealed he is nearing a subpoena for the Biden family over Hunter’s influence peddling scheme.

“We’ve built a case that will win in court, and we’ve gotten to the Bidens’ personal banking information,” Comer, who led the investigation as Oversight chairman, told Newsmax on Friday.

“So now that we can trace the money, we have enough banking information to bring in the Bidens,” Comer said. ‘So we are now preparing everything to be able to serve them and trying to bring them in. We still have a few bank statements to come in first, but once that all comes in it should be an issue. of days.’

His comments echoed Speaker Mike Johnson’s words on Thursday, who said a decision on whether to move forward with impeaching Joe Biden would come “very soon.”

“As we stand here today, I’m not convinced of that in advance, but I do believe we will come to a decision very soon,” the Louisiana Republican told reporters at his first news conference as speaker.

“Next to a declaration of war, you could argue that this is the strongest power we have and it cannot be used for political purposes,” Johnson said.

“We’ve built a case that will win in court, and we’ve gotten to the Bidens’ personal banking information,” Comer, who led the investigation as Oversight chairman, told Newsmax on Friday.

“So now that we can trace the money, we have enough banking information to bring in the Bidens,” Comer said. ‘So we are now preparing everything to be able to serve them and trying to bring them in. We still have a few bank statements to come in first, but once that all comes in it should be an issue. of days.’

His comments echoed Speaker Mike Johnson’s words on Thursday, who said a decision on whether to move forward with impeaching Joe Biden would come “very soon.”

“As we stand here today, I’m not convinced of that in advance, but I do believe we will come to a decision very soon,” the Louisiana Republican told reporters at his first news conference as speaker.

James Comer, chairman of the oversight committee, which spearheaded the investigation, said Wednesday that the investigation is now in the “downhill phase” and should be completed soon.

Comer says he has traced about $20 million from foreign actors to the Biden family’s bank accounts.

Comer recently touted an image of a $200,000 check that James Biden sent to his brother Joe Biden as a “smoking gun,” but the check was marked as a loan repayment.

President Joe Biden is at the center of a highly lucrative “racketeering scheme” between members of his family and foreign actors – including China – whom Republicans are denouncing.

Earlier this week, Comer revealed a $40,000 direct payment to Joe from 2017, labeled as a “loan repayment” that he claims is “laundered money” traced to the Chinese.

According to new banking records obtained through recent subpoenas for James and Hunter Biden’s financial records, a money trail that began in July 2017 trickled from Chinese oil giant CEFC — one of Hunter’s joint ventures — into Joe’s account.

In WhatsApp messages from August 2017, previously published by DailyMail.com, Hunter demanded $10 million from CEFC and claimed his father was sitting “right here” next to him during the exchange.

After an initial $5 million infusion from CEFC into the joint venture on August 8, 2017, and a transfer of $400,000 to Hunter Biden entity Owasco, PC on the same day. Then, on August 14, 2017, $150,000 was transferred directly from Owasco to the bank account of James and Sara Biden – Joe’s sister-in-law.

Then, on September 3, 2017, Sara wrote a $40,000 check directly to Joe — just six days after she withdrew $50,000 in cash, according to the documents obtained.

“By taking money from a CCP-affiliated company that sought to advance Chinese interests, Joe Biden exposed himself to future blackmail and put American interests behind his own desire for money,” Comer said in a video released Wednesday published.

This is the fourth “Bank Records Memorandum” the committee has issued so far this year to notify members of their ongoing investigation.

Joe Biden has previously stated that Hunter never made money from China, and the White House has insisted that the president never profited from his family’s business ventures.

White House spokesman Ian Sams said Wednesday that “Comer’s lies and conspiracy theories are growing more desperate by the day.”

Last month, Republicans unveiled a separate $200,000 personal check from James Biden to Joe Biden.

According to bankruptcy court documents obtained by the House Oversight Committee, 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.

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.

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.

They also doubt whether the money was actually for loan repayment.

Comer said based on the White House’s own records, no interest was paid on the loan — which is illegal.

It also suggests that the repayment may not have been for a loan after all, he said in a letter DailyMail.com received from Comer to the White House counsel last week.

“The current lack of documentation gives reason to doubt claims that this transaction was the repayment of a legal loan,” Comer wrote, demanding documents and IRS records.

On March 1, 2018, Americore transferred a $200,000 loan to James and Sara Biden’s personal bank account

James Biden wrote a $200,000 check to ‘Joseph R. Biden’ for a ‘loan repayment’

According to court documents, James made it appear as if “he could get a major investment from the Middle East based on his political connections.”

In a video broadcast Friday by Chairman James Comer, R-Ky., he says that “Americore — a distressed company — loaned money to James Biden, who then sent it to Joe Biden.”

“Even if this were a payoff on a personal loan, it is still troubling that Joe Biden’s ability to be repaid by his brother was dependent on the success of his family’s shady financial dealings,” Comer said.

White House Oversight and Investigations spokesman Ian Sams called the information released by Republicans a “theater of failure” and a “shiny object to distract people from their inability to understand the basics of governing.’

“It is no coincidence that they came up with a new distraction just a few minutes after yet another failed chairman vote,” Sams continued.

He went on to say that there is “zero evidence of wrongdoing by President Biden.”

In September, then-Chairman Kevin McCarthy launched the impeachment inquiry, led by Oversight.

Republicans say bank records show Biden’s family and associates have raked in more than $20 million from China, Ukraine, Kazakhstan and Romania.

As part of the Republican Party-led investigation, they spoke with the president’s former business partner, Hunter, Devon Archer, who testified that President Biden had actual knowledge of his son’s actions and made at least 20 phone calls and multiple dinners with his son attended. business partners.