Biden had no involvement in family business dealings, his brother tells GOP lawmakers
President Biden “never had any involvement” in the business dealings of other members of his family, his brother James Biden testified Wednesday as he appeared for a voluntary private interview on Capitol Hill as part of House Republicans’ impeachment inquiry.
“I have had a 50-year career in a variety of business ventures. Joe Biden has never had any involvement or any direct or indirect financial interest in those activities. None,” the younger Biden said in an opening statement obtained by the Associated Press.
The interview with James Biden is the latest in a series that GOP lawmakers have conducted recently as they seek to rebuild momentum for an impeachment process surrounding the Biden family’s finances that has stalled in recent months.
Criticism over the lack of evidence directly related to the president has grown even among Republicans, some of whom have thrown cold water on allegations that Biden was involved in his family members’ supposed efforts to leverage their last name into corporate paydays. The GOP investigation was undercut again last week when an FBI informant who claimed there was a multimillion-dollar bribery scheme involving the president, his son Hunter and a Ukrainian energy company was charged with fabricating the story.
Bowing to GOP hard-liners’ threats to oust him as speaker, McCarthy orders an impeachment inquiry over Hunter Biden’s foreign business dealings before his father was president.
The informant’s claims had been central to the Republican effort in Congress to investigate the president and his family. An attorney for Hunter Biden, who is expected to give a deposition next week, said the charges show the probe is “based on dishonest, uncredible allegations and witnesses.”
Both James and Hunter Biden were subpoenaed by the committee in November. Lawyers for James Biden have said that there was no justification for the subpoena because the committee had already reviewed private bank records and transactions between the two brothers. The committee found records of two loans that were made when Joe Biden was not in office or a candidate for president.
“With my appearance here today, the committees will have the information to conclude that the negative and destructive assumptions about me and my relationship with my brother Joe are wrong,” James Biden said in his opening statement. “There is no basis for this inquiry to continue.”
But Republicans have pushed back on the Biden family’s defense, saying the evidence they have gathered since early last year paints a troubling picture of “influence peddling” in the family’s business dealings, particularly with international clients.
Associated Press video journalist Dan Huff contributed to this report.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
