Biden has 23 bank accounts with two containing between $250,000 to $1million: financial disclosures
By James Franey, Senior U.S. Political Reporter For Dailymail.Com
00:00 17 May 2023, updated 00:48 17 May 2023
The White House has released financial disclosure forms for Joe Biden and Kamala Harris for 2022 as Republicans accuse the first family of raking in millions from foreign sources.
Filings show that the US president and the first lady, Jill Biden, have cash in the bank worth between $1.05 million and $2.58 million.
The records, first obtained by Fox News Digital, show the presidential couple had little change from the previous year.
The Bidens owe between $250,000 and $500,000 on a mortgage on their Delaware home, as well as between $30,000 and $100,000 on other loans.
They said Biden earned less than $201 in royalties for his 2007 flop memoir ‘Promises to Keep’.
He later picked up between $2,501 and $5,000 for his post-Obama administration 2017 memoir ‘Promise Me, Dad.’
But the commander-in-chief’s net worth is dwarfed by his vice-president. Kamala Harris, and her husband Doug Emmoff.
The second family is worth between $3.42 million and $8.29 million, the disclosure forms show.
They owe between between $1 million and $5 million on a mortgage on their home in Brooklyn in New York.
Amazingly, the vice president picked up more than $41,000 her for her 2019 memoir, ‘The Truths We Hold.’
The former senator also was paid more than $40,000 in advance for her 2019 children’s book ‘SuperHeroes Are Everywhere’, raking in $456,000 in total.
Biden’s disclosures come amid repeated allegations from conservatives that his family have benefitted from foreign payments.
Congressman James Comer of Kentucky argues Biden’s relatives have raked in $10m (£8m) from entities abroad.
But the oversight committee chair has yet to uncover evidence directly linking the president to such payments, or unearth any illegal conduct.
White House officials have trashed the claims as ‘baseless innuendo.’
The Republican-backed report outlines a list of various companies and financial records tied to Biden’s family members.
They include his disgraced son, Hunter Biden, and daughter-in-law, Hallie Biden.
The 53-year-old is currently mired in a slew of legal woes, including a paternity case with a former stripper and a federal jury probe into his business affairs.
The 30-page tirade contains bank records of bank transactions, obtained through subpoena, that Republican lawmakers allege show the Biden family’s links to China and Romania.
They appear to show the receipt of money from a foreign company connected to Gabriel Popoviciu, a real estate mogul who faced corruption charges in Romania.
Republicans vowed to probe Biden, his administration and his family when they took over control of the US House of Representatives in last year’s midterm elections.
Another conservative-led House panel is also investigating a letter published by 51 former intelligence officials before the 2020 White House election.
The letter, allegedly organized by Biden campaign adviser Antony Blinken, who is now the US secretary of state, to discredit media reports about Hunter Biden’s laptop.
Leaked emails from the laptop also contained evidence of Hunter Biden’s business dealings, as well as lewd photos about his drug abuse and sex life.
Federal prosecutors have been investigating Hunter Biden over issues with his taxes and a gun purchase since 2018.