The top Democrat on the House Oversight Committee, Rep. Jamie Raskin (D-Md.), has strongly criticized Chairman James Comer’s release of bank records related to Hunter Biden’s financial transactions.
The records reveal substantial payments to Hunter Biden and his associates from Eastern European oligarchs.
However, Raskin dismissed the release as lacking evidence of wrongdoing on President Biden’s part, as the bank records do not directly implicate the president.
Raskin accused Committee Republicans of rehashing the same Hunter Biden business dealings that were previously identified, emphasizing that the evidence collected so far has established that President Biden was not involved in his son’s business activities.
He further accused Republicans of distorting and mischaracterizing evidence to serve their baseless calls for an impeachment inquiry, while attempting to divert attention from former President Trump’s legal issues.
The bank records show payments of $83,333 per month to both Hunter Biden and his former associate Devon Archer from Ukrainian energy company Burisma, amounting to over $3.3 million from 2014 to 2015.
Devon Archer, who recently spoke with the House Oversight Committee, stated that President Biden added significant value to the Biden “brand,” but he did not directly link President Biden’s actions to their business activities.
These developments mark another episode in the ongoing scrutiny of the Biden family’s financial dealings.