The memos that detail these payments don’t provide evidence that Joe Biden took any official actions because of his family’s business dealings. 9 show details of an intricate web of about $19.3 million in payments from foreign sources that were directed to the Bidens’ associates and at least three Biden family members. A tale of three memos: Majority of foreign payments went to Biden family ‘associates’įinancial records made public between March 16 and Aug. McCarthy did not respond to PolitiFact’s request for comment. The records also do not reveal that Joe Biden engaged in wrongdoing. The records show no evidence that any payments went to Joe Biden, who was vice president when some of the payments occurred. The lion’s share of the $20 million went to Biden family business associates about $5 million went to Biden family members. That’s not what bank records PolitiFact has reviewed show. Together, the convoluted, sometimes repetitive, maze of financial records largely supports McCarthy’s carefully phrased claim that "$20 million in payments were directed to the Biden family members and associates." But his word choice as he announced an impeachment inquiry into the president could give the impression that Biden family members, or even Joe Biden himself, received an equal share of the financial gains. PolitiFact analyzed this memo, along with two previously released memos. 9, said the House Oversight Committee had "identified over $20 million from foreign sources that benefitted the Biden family and their business associates." James Comer, R-Ky., chair of the House Oversight Committee, which has been investigating Biden family business dealings. McCarthy’s claim aligns with memos of bank records released by Rep. The impeachment inquiry, McCarthy said, would empower House committees to gather more evidence. "We know the bank records show that nearly $20 million in payments were directed to the Biden family members and associates through various shell companies," McCarthy, R-Calif., said during his U.S.
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