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Mr. DONALDS. Mr. Speaker, I thank the gentleman from Utah, our new vice chairman, and congratulate him, as well.
Mr. Speaker, President Biden consistently has stated that he never discussed business with Hunter Biden's associates. This is a lie. Let me repeat that for my colleagues across the aisle. It is a lie.
Throughout our extensive investigation and from the lips of credible witnesses, it is abundantly clear that the Biden family business is Joe Biden. Let me emphasize, there is no Biden family business except for Joe Biden's 40-plus-year career in Washington, D.C. That has been the family business.
As a member of the House Committee on Oversight and Accountability, we have followed the paper trail and we have conducted our investigation by the book. We have discovered damming evidence and we continue to do so every day.
Our investigation has led to some alarming and eye-opening findings, which point to the President's knowledge and involvement in illegal business transactions.
For example, in 2018, James Biden, the President's brother, received $600,000 in a loan from Americore, a financially distressed and failing rural hospital operator. Bankruptcy court documents suggest that James Biden received these loans based upon representations that his last name, Biden, could open doors in the Middle East based on his political connections. We all know James Biden doesn't have political connections, Joe Biden, his brother, has political connections.
Specifically, Americore wired a $200,000 loan into the account of James and Sara Biden. Here is what makes the evidence damming. On the same day, James Biden wrote a $200,000 check from the same account addressed to his brother, Joe Biden. For the American people, the brother of James Biden is the President of the United States.
The next example is an email obtained by the Committee from a Hunter Biden associate mentioning that 10 percent of the relevant joint venture be held by Hunter for the big guy. Ten percent of a relevant joint venture was held for the big guy.
At this point in the Committee's investigation, we have established that Joe Biden is the big guy. Through the web of transactions that purposefully tried to hide the big guy's involvement, let me stress again that Joe Biden is the Biden family business.
Let me illustrate an example of the confusing web of transactions. A Chinese company sent $5 million to a joint venture between Hunter and an associate. That same day, the joint venture sent $400,000 to an entity that Hunter Biden controls alone. Less than a week later, Hunter Biden wired $150,000 from this entity to a company owned by James Biden and Sara Biden. James Biden, the President's brother.
Sara Biden later withdrew $50,000 from the same company. Less than a week later, Sara wrote a personal check to Joe Biden, aka the big guy, aka the President of the United States, for $40,000--the 10 percent of the $400,000 that was mentioned in the email by the associate to Hunter Biden.
Another example is when a confidential human source overheard a Burisma executive claiming to have bribed then-Vice President Joe Biden for $5 million. As I stated earlier, Joe Biden consistently says that he never discussed business with Hunter Biden's associates. This was a blatant lie by the Commander in Chief and the American people deserve to know the truth.
Joe Biden never thought that the Oversight Committee would get this far in its investigation, and additional damming evidence will soon be revealed to the American people.
This leads me to my next point. The Foreign Agents Registration Act, more commonly known as FARA--to be clear, Hunter Biden has never registered as a foreign agent, despite his lucrative work being done on behalf of foreign interests and his many travels on Air Force Two. That wasn't just because he missed his dad.
Specifically, Hunter has been documenting business transactions with a Chinese Government-based energy company called CEFC. Interestingly enough, the same company, CEFC, is the same one that is affiliated with the company that sent $5 million to Hunter Biden.
How is this not the definition of being and acting as a foreign agent?
Paul Manafort was convicted for far less.
The time is now to open up an impeachment investigation pertaining to the President's direct link to blatant corruption, pay-for-play tactics, and acting as a co-conspirator to crimes committed by his family on behalf of Joe Biden himself.
The Committee will continue to do our due diligence. We will not be worried about the distractions from the Democrats and from the press. We will dig through the confusing web of Biden LLCs.
Mr. Speaker, the confusion of these companies and the confusion of these transactions were done on purpose to conceal this money from the American people and to conceal the money from the Internal Revenue Service.
Joe Biden likes to talk about everybody paying their fair share, except him and except his son. They are not concerned about a fair share. We are going to continue to uncover all of this.
We are going to answer and uncover all of the information that is going to outline exactly why, in my opinion, as I represent the 19th District of Florida, why Joe Biden deserves to be impeached.
Mr. Speaker, the President of the United States has taken money from foreign sources. Meanwhile, the world is on fire. Is the President compromised?
Do agents in the Chinese Government have the upper hand on the President of the United States while our enemies are on the move?
These are serious questions that the House of Representatives has a responsibility to have answered. The way to get all that information is through the impeachment inquiry, which will continue here in the people's House.
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