Impeachment Inquiry against Biden Nears Final Stage with Two Dozen Subpoenas Expected as questions about Alleged Corruption Persist
Subpoenas imminent as oversight committee traces money laundering in Biden family accounts, although moderate Republicans remain unconvinced of President Biden's direct involvement.
- The impeachment inquiry into President Biden's alleged involvement in corruption will soon enter its final stage, with two dozen subpoenas expected to be issued. The House Oversight and Judiciary Committees are especially interested in investigating a series of suspicious money transfers involving the Biden family.
- Chair of the House Oversight Committee, Rep. James Comer, alleges that these money transfers are evidence of 'money laundering' as part of a 'very organized criminal enterprise by the Biden family.' Comer anticipates that 'subpoenas are imminent' and this week will bring significant developments to the inquiry.
- Last week, the Oversight Committee presented evidence of a $40,000 payment from Joe Biden's brother's wife shortly after a Chinese company sent money to the Biden family. These transactions contradict President Biden's claims of not benefiting financially from his family's dealings; however, the White House insists these payments were loan repayments.
- House Speaker Mike Johnson has yet to formally back Biden's impeachment but underscores that the decision to move forward will be made 'very soon.' Nevertheless, not all Republicans are convinced of Biden's direct involvement in any alleged wrongdoing.
- The impeachment inquiry's findings will likely include criminal referrals and form the basis for potential impeachment articles; however, as this is a complicated and time-consuming process, the inquiry's conclusion may still be several months away.