House Republicans released their initial report from the impeachment inquiry into President Joe Biden. The nearly 300-page document, made public on Monday, Aug. 19, outlines allegations of abuse of power and obstruction of justice related to the financial dealings of his son, Hunter Biden, and other family members.
The report concludes a nearly yearlong investigation and it stops short of accusing President Biden of criminal wrongdoing. However, it claims that the Biden family used its "brand" in business ventures in ways that, according to the report, meet the constitutional threshold for impeachment.
The report draws on bank records, testimony from about 30 witnesses, whistleblower accounts and millions of documents. It accuses Hunter Biden and his associates of engaging in a scheme to solicit foreign business deals by leveraging the family’s influence in Washington. The report specifically looked at the years when Joe Biden served as vice president.
To link the president to these allegations, Republicans highlight several phone calls and casual dinner meetings during which Hunter Biden allegedly had his father on speakerphone. Hunter Biden firmly denied involving his father in his business dealings during his closed-door deposition to House investigators.
The White House dismissed the inquiry as a "stunt" and urged Republicans to "move on."
According to the Republicans' findings, the Biden family and its affiliates allegedly received approximately $27 million in business payments from entities in Russia, China and other nations. Additionally, they claim the Biden family used Joe Biden’s position as vice president to secure over $8 million in loans from Democratic supporters. According to the report, those loans remain unpaid.
With Biden no longer running for reelection, the next steps are highly uncertain. An impeachment vote in the House is not guaranteed. Removal from office by a Senate vote is even less likely.
With the conclusion of this probe, Republicans can allocate more resources to other House inquiries. Last week, Republicans announced a probe into Vice President Kamala Harris' vice presidential pick, Tim Walz, investigating alleged "ties to China." This investigation builds on the House's ongoing probe into Harris and her handling of the border crisis.
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