() The House of Representatives voted 221 to 212 Wednesday to formalize the impeachment inquiry into President Joe Biden, who faces allegations that he personally benefited from and lied about his sonโs overseas business dealings, which raked in millions of dollars.
This vote was not a vote to impeach the president, only to formalize the impeachment inquiry which has been gathering and releasing evidence for months.
That evidence includes bank records, copies of checks and witness testimony backing allegations that the Biden family and associates received used the Biden family name to rake in more than $20 million from entities in China, Russia, Ukraine and more.
IRS whistleblowers also testified that the Department of Justice interfered in their investigation into Hunter Biden.
A longtime business associate of Hunter Bidenโs has publicly said that the president spoke on speakerphone to Hunterโs business associates about 20 times.
Bank records released by the Oversight Committee appear to show monthly payments in 2018 from Hunter Bidenโs company to the president.
โThe Bidens layered these payments through their bank accounts to hide the sources of the money. The banks even flagged many of these transactions in more than 150 suspicious activity reports to the Treasury Department,โ Oversight Committee Chair Rep. James Comer, R-Ky., said from the House floor Wednesday.
โOne bank investigator was so concerned about Hunter Bidenโs financial transactions with the Chinese company that he wanted to re-evaluate the bankโs relationship with him,โ he added. โHe noted that his transactions served โno current business purpose.’โ
The president has repeatedly denied he benefited from his sonโs alleged overseas dealings.
Rep. Jamie Raskin, D-Md., the ranking minority member on the Oversight Committee, blasted the Republicans leading the inquiry, calling the effort a waste of time.
โThis stupid, blundering investigation is keeping us from getting any real work done for the people of America,โ Raskin claimed from the House floor before the vote.
The vote came the same day that Hunter Biden defied a congressional subpoena to appear for a deposition Wednesday. He had asked to testify publicly instead of in private, saying that House Republicans would twist his testimony.
โFor six years I have been the target of the unrelenting Trump attack machine, shouting, โWhereโs Hunter?โ he told reporters outside the Capitol Wednesday morning. โWell, hereโs my answer. I am here.โ
In response, Comer and House Judiciary Chair Rep. Jim Jordan, R-Ohio, said they would initiate contempt of Congress proceedings against Hunter Biden. That could become a formal legal charge for the presidentโs son, who already faces multiple tax and gun charges.
โHunter Biden today defied lawful subpoenas and we will now initiate contempt of Congress proceedings,โ Comer and Jordan said in a joint statement.
โWe will not provide special treatment because his last name is Biden. As our committees were today prepared to depose Hunter Biden, he chose to make a public statement on Capitol Hill instead where he said his father, Joe Biden was not financially involved in his familyโs business dealings,โ they added. โExactly how was Joe Biden involved? Evidence shows Joe Biden met with Hunterโs business associates and his name was at the center of the family business strategy.โ
House Majority Whip Tom Emmer, R-Minn., said at a press conference Tuesday that Wednesdayโs formalization of the impeachment inquiry would bolster its legal ground.
Comer has already sent a flurry of subpoenas to Biden family and associates in recent weeks which may end up going to court.
โItโs clear the House will have to defend our lawful investigations in court, and passing this resolution will put us in the best position possible to enforce our subpoenas and set forth a clear process,โ Emmer said.
Republicans argue the Biden administration was โstonewallingโ the investigation.
โSo far, two key DOJ witnesses have failed to show for congressionally subpoenaed depositions after DOJ directed them not to appear,โ House Ways and Means Committee Chair Rep. Jason Smith, R-Mo., said from the House floor Wednesday.
โOther witnesses have refused to answer certain questions from investigators,โ he added. โAnd the Biden Administration has refused to turn over many of the documents requested by Congress, claiming this inquiry was not properly authorized.โ



