President Joe Biden has vehemently denied allegations that he discussed business matters with his son Hunter, dismissing the claims as a “lousy question.” In a heated exchange with Fox News’ Peter Doocy, Biden snapped back, saying, “Because it’s not true.” The president’s response came after Hunter’s former business partner, Devon Archer, testified that Joe Biden had been present on speakerphone or in-person around 20 times while Hunter was meeting with associates.
Archer did not claim to have heard Joe Biden discussing business, but he stated that Hunter would use his father’s presence as a way to impress foreign executives. Archer described the power of having the vice president’s voice on the phone during meetings, saying, “That’s like the pinnacle of power in D.C.”
The allegations against the Biden family have gained further attention with the release of bank statements by Republicans. The statements detail $20 million in payments from Russia, China, and Kazakhstan to the Biden family and their associates.
One of the transactions highlighted in the bank records is a $3.5 million wire transfer from billionaire Yelena Baturina to Rosemont Seneca, the investment and policy advisory firm led by Archer and Hunter Biden. Baturina, the wife of a former Moscow mayor, attended a dinner with then-Vice President Biden, Hunter, and Archer in 2014.
Another transaction revealed in the records is a wire for the exact amount Hunter paid for a luxury sports car, $142,300. The wire came from Kazakh oil oligarch Kenes Rakishev, who also had a dinner with the vice president around the same time.
These allegations and revelations have raised concerns about potential conflicts of interest and the influence of foreign entities on the Biden family. President Biden’s firm denial of discussing business with Hunter may not be enough to quell the ongoing scrutiny surrounding these allegations.
How do the allegations against President Joe Biden and his son Hunter raise concerns about potential conflicts of interest?
President Joe Biden forcefully denied allegations of discussing business matters with his son Hunter, dismissing the claims as a “lousy question” during a spirited exchange with Fox News’ Peter Doocy. Biden shot back, emphasizing, “Because it’s not true.” The president’s response came in response to testimony from Hunter’s former business partner, Devon Archer, who stated that Joe Biden had been present on speakerphone or in-person during approximately 20 meetings with Hunter and his associates.
Archer made it clear that he did not directly hear Joe Biden discussing business, but revealed that Hunter would leverage his father’s presence to impress foreign executives. Describing the influence of the vice president’s voice, Archer said, “That’s like the pinnacle of power in D.C.”
The allegations against the Biden family have gained further traction with the release of bank statements by Republicans. These records detail payments totaling $20 million from Russia, China, and Kazakhstan to the Biden family and their associates.
Among the transactions highlighted in the bank records is a $3.5 million wire transfer from Russian billionaire Yelena Baturina to Rosemont Seneca, the investment and policy advisory firm led by Archer and Hunter Biden. Baturina, the wife of a former Moscow mayor, had attended a 2014 dinner with then-Vice President Biden, Hunter, and Archer.
Another transaction revealed in the records is a wire transfer for the exact amount Hunter paid for a luxury sports car: $142,300. The wire came from Kazakh oil oligarch Kenes Rakishev, who also had a dinner with the vice president around the same time.
These allegations and revelations have raised concerns about potential conflicts of interest and the influence of foreign entities on the Biden family. While President Biden vehemently denies discussing business with Hunter, the ongoing scrutiny surrounding these accusations is unlikely to dissipate easily.
