As investigations into Hunter Biden’s financial dealings continue to intensify, questions are now being raised about a mysterious financial move made by his father, President Joe Biden.
In December, the President obtained a $250,000 line of credit on his Delaware beach house, a move which has yet to be explained by the White House or other members of the administration.
This lack of transparency is concerning, especially given the ongoing scrutiny surrounding Hunter’s questionable business activities, including allegations of violating U.S. disclosure laws and engaging in suspicious business transactions with foreign governments.
Furthermore, the President himself is facing scrutiny regarding his own classified document controversy. It was discovered that he illegally stored classified government documents in his Wilmington, Delaware, garage and at his former Washington office.
The FBI has conducted searches at four different locations, including Biden’s two Delaware residences, his Washington D.C. office, and the archives of his papers at the University of Delaware, in search of classified documents that may have been illegally held. The extent of the documents discovered at these locations has not been fully disclosed.
These concerns come as the Republican-led House of Representatives initiates investigations into Hunter’s financial and tax records, based on banks filing “suspicious activity reports” related to Hunter’s foreign business dealings.
The reports pertain to various business transactions in China, Ukraine, and several other countries. Hunter is also facing allegations of violating U.S. disclosure laws by failing to register as a foreign government representative, thereby breaching the Foreign Agents Registration Act.
It is clear that the Biden family’s financial dealings and potential violations of federal laws are a matter of great concern for many Americans. In fact, Joe and Hunter are the first father-and-son duo in the history of our federal government to be under federal investigations at the same time and for separate violations of federal laws.
As passionate Republican voters, we must demand transparency and accountability from our elected officials, regardless of party affiliation. The American people deserve to know the truth about these troubling financial moves and potential violations of federal laws. It is time for the Biden administration to come clean and provide answers to the American people.