House Republicans released a 292-page report on Monday claiming that President Biden engaged in “impeachable conduct” and defrauded the United States to enrich his family.
The report alleges that Biden participated in a conspiracy to monetize his position of public trust to benefit his family, receiving tens of millions of dollars from foreign interests in exchange for access and influence.
The big picture: The report said the Biden family received over $27 million from foreign entities since 2014 and leveraged Biden’s role as vice president to secure more than $8 million in loans that have not been repaid.
- The report accuses Biden of actively participating in efforts to enrich his family by attending dinners and engaging in business dealings with his family’s foreign business partners.
- Republicans allege that the Biden family went to great lengths to conceal this conspiracy, including using complicated financial transactions and breaking up large transactions into smaller ones.
- The report also accuses Biden of mishandling classified information and improper retention of classified records as a private citizen.
Flashback: Special Counsel Robert Hur investigated Biden’s improper retention of classified records but did not recommend charges against the president, describing Biden as a “sympathetic, well-meaning elderly man with a poor memory.”
Go deeper: The report refers to allegations from IRS whistleblowers stating that federal investigators allowed the statute of limitations to expire on Hunter Biden’s alleged tax crimes.
- House Republicans did not formally recommend impeaching President Biden but released the report detailing the allegations of corruption and abuse of office.
