The House is to vote next week on whether to initiate a formal impeachment inquiry into President Biden after recent revelations that he accepted payments from his son's law firm.
House Republican leaders hope to hold a formal vote next week on a measure that would formally initiate an impeachment inquiry into President Biden, Fox News has learned.
The revelation that Congress may soon consider the impeachment of the president comes shortly after House Oversight Committee Chairman James Comer, R-Ky., released subpoenaed bank records showing an entity owned by Biden's son, Hunter Biden, had made "direct monthly payments to Joe Biden."
"This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world," Comer said in a video message Monday.
The White House has repeatedly said that President Biden did nothing wrong and had no knowledge of his son's business dealings.
Comer has spearheaded the sprawling investigation into Biden, which has focused on the president's son who has previously engaged in various foreign business dealings. The Oversight Committee hosted an impeachment inquiry hearing in September as part of that probe.
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In addition, in June, the House Ways and Means Committee, which has also participated in the investigation, released 2017 messages in which Hunter Biden excoriated Chinese business partner Henry Zhao for not fulfilling a "commitment" and said his father was sitting beside him.
"I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight," Hunter Biden wrote in a WhatsApp message to Zhao, the CEO of Beijing-based asset management firm Harvest Fund Management, on July 30, 2017, according to documents released by House Republicans.
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Days after that message, on Aug. 4, 2017, Chinese firm CEFC Infrastructure Investment wired $100,000 to Hunter Biden’s law firm Owasco, according to a 2020 report published by the Senate Homeland Security and Governmental Affairs Committee. Days later, on Aug. 8, 2017, CEFC Infrastructure Investment sent $5 million to Hudson West III, a firm Hunter Biden opened with Chinese associates.
And the 2020 Senate report revealed that, beginning on Aug. 14, 2017, Hunter Biden initiated a string of 20 wire transactions from Owasco to Lion Hall Group, a consulting firm linked to President Biden's brother, James Biden, and his wife, Sara. The transactions continued through Aug. 3, 2018, and totaled $1.4 million.
The payments between Hunter Biden and his father, which Comer released earlier Monday, were sent from an account linked to Owasco.
Last week, Fox News Digital reported that a bank investigator raised concerns about Hunter Biden’s receipt of an additional $5 million wire from a Chinese company in August 2018 to his bank account, Hudson West III.
Hunter Biden transferred $400,000 to his Owasco PC account. Funds were then transferred to a business account belonging to James Biden and later transferred to a personal account belonging to James Biden and Sara Biden.
Comer claims they used those funds to then cut a check to Joe Biden for $40,000. That check was labeled as a "loan repayment."
