After reviewing thousands of records subpoenaed from four banks, the House Oversight Committee said in an interim report that some Biden family members, associates and their companies received more than $10 million from foreign entities.
Comer and panel members focused Wednesday's news conference on payments from individuals from China and Romania, which is not a U.S. adversary. When asked about a direct link to Mr. Biden, Comer said the early phase of the investigation suggested a pattern of behavior.
"We believe that the president has been involved in this from the very beginning, obviously. We're going to continue to look," he said, though he did not identify any direct or indirect payments to Mr. Biden. House Republicans insisted their inquiry has several legislative aims behind it: addressing"deficiencies" in ethics and disclosure laws, strengthening reporting requirements for senior elected officials' family members, and evaluating the Bank Secrecy Act and anti-money laundering laws.
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