In what appears to be the latest example of Biden family members using the government as a personal cash machine, President Joe Biden’s brother James got $600,000 in loans from the now-defunct healthcare startup Americore by promising his family name would secure funding from Middle Eastern countries.
“According to new information obtained by Committee Republicans and confirmed by court filings, during 2017, James Biden—the President’s brother—promised funding from ‘the Middle East’ for a business deal ‘based on his political connections’ because his last name ‘Biden’ could ‘open doors,’” writes House Oversight Committee Ranking Member James Comer (R-KY) in a letter to Treasury Secretary Janet Yellen demanding banking reports showing the cash transactions were flagged as “suspicious activity.”-- More...
