James Comer: Biden Received $40k in ‘Laundered China’ Money

By Jerry McConway, updated on November 2, 2023

Last week, House Oversight Committee Chairman James Comer (R-KY) announced that he had found a $200,000 payment from James Biden to Joe Biden that could not be traced back to Joe Biden's bank account.

This week, he dropped another bombshell on this front, with another "loan repayment" of $40,000 from James to Joe, which Comer now believes is "laundered China money."

Talking Points…

  • The Biden payments
  • Comer allegations
  • My Two Cents…

The Biden Payments

The $200,000 payment revealed last week was pretty fishy from the outset. Family or not, with that sum of money, you would think there would be a paper trail of some sort.

The fact that a check from Joe's account or an incoming deposit for that amount was not found in Comer's account is beyond suspicious.

The second payment is just as shady, with a $40,000 payment being made to Joe Biden from James Biden, again, labeled as a "loan repayment." This time, the payment coincides with Hunter Biden dispensing money to family members after receiving a payment from his Chinese business interests.

James Comer Allegations

Comer dropped a bombshell allegation on Wednesday.

He stated:

"Remember when Joe Biden told the American people that his son didn't make money in China? Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden's bank account in the form of a personal check.

"And the Oversight Committee has it."

Comer linked the deal to the Chinese Communist Party-linked CEFC that Hunter was doing business with at the time, saying that Joe Biden "benefited from his family's shady deal."

This actually goes back to the threatening text message that Hunter had sent his Chinese business associates, writing to Henry Zhao:

"I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled.

"And, Z, if I get a call or text from anyone involved in this other than you, Zhang or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction."

Zhao then replied:

"CEFC is willing to cooperate with the family."

Several days later, a $5 million payment was made.

This is Comer's statement on tracking down the money…

My Two Cents…

So, it is not exactly a secret that I think Biden is corrupt, which dates back to how he set up his first Senate campaign with his sister, with no experience, being named his campaign manager, and his brother, with no experience, being named his treasurer.

Biden was doing what I would argue more than 50% of Congress is doing, in hiring family members to tap into that campaign cash.

This, however, is a whole new level of corruption that we suspected but were never able to prove.

There is always a money trail, however, and it now looks like Comer finally found it, as well as the method they were using to cover the payments.

At the very least, Biden has violated tax laws regarding interest payments that should have been collected on the family loan, but I doubt anyone reading this believes these were actually family loans.

Biden is now in a position where the stern denials will no longer work. He has to produce paperwork showing these initial loans, or the only logical conclusion is that this money train was a one-way street.

About Jerry McConway

Jerry McConway is an independent political author and investigator who lives in Dallas, Texas. He has spent years building a strong following of readers who know that he will write what he believes is true, even if it means criticizing politicians his followers support. His readers have come to expect his integrity.

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