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White House won’t release evidence that Biden family payments were for loans
White House officials will not provide evidence to support President Joe Biden's claim that a pair of large payments he received from his brother represented paybacks for loans, according to a letter from the White House to the House Oversight Committee.
The request for documents to explain $240,000 in checks from James Biden to his brother "concerns a financial transaction between two family members at a time when both individuals were private citizens," White House special counsel Richard Sauber wrote in the letter obtained by the Washington Examiner.
Sauber refused to answer questions from House Oversight Committee Chairman James Comer (R-KY) about whether Joe Biden had any documents to back up his explanation for the two checks he received, one totaling $40,000 and the other $200,000, from his brother in 2017 and 2018, respectively.
The checks had been labeled as loan repayments.
In his letter on Friday to Comer, Sauber cited a claim from Rep. Jamie Raskin (D-MD) that suggested the Oversight Committee already has records to prove the payments were loan repayments.
However, a person familiar with the committee's work said lawmakers have no such records.
"Contrary to the White House's and Ranking Member Raskin's claims, nothing within the Oversight Committee's possession clearly shows that Joe Biden did indeed loan his brother large sums of money," the person told the Washington Examiner. "The White House and Democrats have peddled a false narrative instead of providing the loan documents."
Comer has said the payments raise concerns regardless of whether Joe Biden had lent his brother the money, as the timing of the checks would suggest the president's financial standing was directly tied to the fortunes of his family's business dealings.....
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Who saw this coming?
If it was a legit loan it would comply with IRS rules. It did not. The White House could easily clear this up....if Joe had really loaned his brother money....IF he did.
White House officials will not provide evidence to support President Joe Biden's claim that a pair of large payments he received from his brother represented paybacks for loans, according to a letter from the White House to the House Oversight Committee.
The request for documents to explain $240,000 in checks from James Biden to his brother "concerns a financial transaction between two family members at a time when both individuals were private citizens," White House special counsel Richard Sauber wrote in the letter obtained by the Washington Examiner.
Sauber refused to answer questions from House Oversight Committee Chairman James Comer (R-KY) about whether Joe Biden had any documents to back up his explanation for the two checks he received, one totaling $40,000 and the other $200,000, from his brother in 2017 and 2018, respectively.
The checks had been labeled as loan repayments.
In his letter on Friday to Comer, Sauber cited a claim from Rep. Jamie Raskin (D-MD) that suggested the Oversight Committee already has records to prove the payments were loan repayments.
However, a person familiar with the committee's work said lawmakers have no such records.
"Contrary to the White House's and Ranking Member Raskin's claims, nothing within the Oversight Committee's possession clearly shows that Joe Biden did indeed loan his brother large sums of money," the person told the Washington Examiner. "The White House and Democrats have peddled a false narrative instead of providing the loan documents."
Comer has said the payments raise concerns regardless of whether Joe Biden had lent his brother the money, as the timing of the checks would suggest the president's financial standing was directly tied to the fortunes of his family's business dealings.....
========================
Who saw this coming?
If it was a legit loan it would comply with IRS rules. It did not. The White House could easily clear this up....if Joe had really loaned his brother money....IF he did. 
