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Press Release Published: Apr 27, 2022

Comer, Oversight Republicans Seek Answers on Transfer of Tax Refund From then-Vice President Biden to Hunter Biden

The lawmakers are investigating what role Hunter Biden played in managing his father’s finances

WASHINGTON—House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) and several Oversight Committee Republican lawmakers today sent a letter to Eric Schwerin, the former president of Hunter Biden’s company, Rosemont Seneca Partners, regarding him receiving and facilitating the transfer of then-Vice President Joe Biden’s tax refund check to Hunter Biden. The Republican lawmakers raise questions about how much money President Biden owed his son and what role his son played in managing the President’s finances. They request additional information regarding the transaction and any other instances of President Biden owing money to Hunter Biden.

“On June 10, 2010, an email from you to Hunter stated: ‘Your Dad’s Delaware tax refund check came today. I am depositing it in his account and writing a check in that amount back to you since he owes it to you.’ This email shows an intertwined financial relationship between President Biden and his son, the latter of whom has profited from America’s losses to foreign adversaries. The Obama-Biden Administration’s subsequent nomination of you as a member of the Commission for the Preservation of America’s Heritage Abroad further complicates the Biden family’s private and public dealings,” wrote the lawmakers.

President Biden has long claimed he has not spoken to Hunter Biden about his foreign oversees business dealings. However, based on emails from Eric Schwerin, Hunter Biden appears to have had personal involvement with President Biden’s financial affairs. Further, recent reporting indicates Schwerin made at least 19 visits to the White House and other official locations between 2009 and 2015 while Joe Biden was Vice President.

“If President Biden and Hunter are sharing funds or if President Biden is in debt to his son—the American people deserve to know it especially in light of the millions of dollars Hunter’s businesses have received from countries adversarial to U.S. interests. The President owed his son money and Hunter’s company managed the President’s tax refund,” continued the lawmakers.  “Your simultaneous role as president of Hunter Biden’s Rosemont Seneca Partners and handler of President Biden’s tax return money—and subsequent nomination to a ‘key Administration post[]’—is troubling and raises concerns that President Biden’s finances are closely intermingled with Hunter Biden’s.”

The letter to Mr. Schwerin can be found here.