House Oversight Committee Claims Biden Received $40,000 from Brother Following Chinese Payments

Investigation continues into Biden family finances as House Oversight Committee alleges President Biden profited from his son and brother's dealings with China; evidence suggests a $200,000 loan repayment between family members.

House Oversight Committee has raised questions about a $200,000 check from Joe Biden’s siblings with the words 'loan repayment' written on it. While evidence suggests Joe Biden did indeed provide a loan to his brother, Republicans dispute the claim, stating a member of the US Senate earning $174,000 a year couldn't afford such a loan.
In contrast, records showed that Biden and his wife Jill Biden reported an income of about $11 million on their 2017 tax returns and about $4.6 million on their 2018 tax returns, most of it derived from a book deal and paid speeches.
There are allegations of President Biden profiting from his son's dealings in China. It was revealed that Hunter Biden admitted in court that he received $664,000 from a Chinese infrastructure investment company.
The House Oversight Committee also alleges that President Biden benefited from his family's business endeavors, such as receiving $40,000 in 'laundered China money' from his brother and sister-in-law in the form of a personal check.
The committee alleges the Biden family and their business associates brought in more than $24 million between 2014 and 2019 by 'selling Joe Biden as ‘the brand’ around the world.' However, Joe Biden has not been implicated in any official acts during his vice presidency or presidency to directly benefit his family.