In a recent New York Post opinion piece, Michael Goodwin discussed the increasing likelihood of President Joe Biden facing impeachment proceedings. Goodwin’s analysis follows House Oversight Chair James Comer’s recent actions, including the issuance of subpoenas to Biden’s son Hunter, brother Jim, and other relatives, signaling a significant escalation in the investigation.
Goodwin highlighted key developments, such as the discovery of checks written to Joe Biden from his brother Jim and sister-in-law, marked as “loan repayment.” These transactions occurred shortly after the Biden family received substantial payments from various clients, involving complex bank transfers.
One notable transaction involved a Chinese energy firm sending $5 million to a joint account managed by Hunter Biden and a Chinese associate. This transfer came shortly after Hunter Biden, in a 2017 WhatsApp message, mentioned his presence with his father and their expectation of receiving the funds for prior work.
Following the arrival of the $5 million, Hunter Biden transferred $400,000 to one of his accounts, then wired $150,000 to another account held by Jim and Sara Biden. From there, Sara Biden withdrew $50,000, depositing it into a personal account and subsequently sending a $40,000 check to Joe Biden. This amount represented 10% of Hunter’s received $400,000, aligning with allegations of Hunter secretly holding a share for the “big guy.”
Comer has suggested that even if these payments were for loan repayments, they still indicate the president potentially profited from his family’s business dealings. The primary concern is that by accepting these funds, particularly from Chinese sources, President Biden may have compromised himself to potential blackmail, prioritizing personal financial interests over national interests.
Goodwin noted that the current investigation is being conducted as a “preliminary impeachment inquiry,” granting it greater authority than standard congressional subpoenas in compelling documents and testimony. The next steps could lead to a formal impeachment process, typically culminating in the drafting of articles of impeachment and a vote in the House.
