James Biden
by D. Michael DeRidder
President Joe Biden’s brother James Biden admitted that a $40,000 check he wrote to former vice president Joe Biden in 2017 was funded with money he received from CEFC China Energy, a Chinese Communist Party-linked company.
Bank records show James received a wire transfer in July 2017, which he said was a loan from Joe for $40,000.
James was asked during an inquiry by the House Committee on Oversight and Accountability, “Regarding the $40,000 payment that you made [in early September 2017 to repay the loan to Joe Biden], were you aware that the $40,000 was funded from money that was deposited by a CEFC entity?”
During the interview, James also confirmed he received payments in the amounts of $200,000 in November 2022; $290,000 in December 2022; $200,000 in February 2023; and $150,000 in July 2023. When asked about the payments from “Burist (ph) Trading International Corp,” he stated they were from his stake in Argentinian businessman Jose Luis Manzano’s holdings in Argentinian natural gas company Metrogas.