Republicans announced Friday that they had uncovered a “direct payment” to President Joe Biden — exactly the kind of evidence they’ve sought linking Biden to his family’s foreign business deals.
But the March 2018 payment came from Joe Biden’s brother James, not a Ukrainian oligarch or Chinese tycoon, and the check was marked as a “loan repayment.”
Still, House Oversight Committee Chair James Comer (R-Ky.), who obtained the records via subpoena, said the $200,000 check looks suspicious for the president.
“Does he have documents proving he lent such a large sum of money to his brother,” Comer said in a video, “and what were the terms of such financial arrangement?”
I didn’t know for sure but $200k sounded cheap for house money. I looked it up - the median home price in the us is about 350k. Jesus.
Not in 2017. I had to look it up, but the U.S. median home price in 2017 was $235,000.
200k gets you a pretty decent place in some parts of the country even today, but in 2017 it was a nice house in many parts of the country
That money is used as the down payment on a commercial loan.