House investigators say they have obtained bank records showing President Biden received a direct payment of $200,000 after his brother, James Biden, secured a business deal with a rural hospital operator.
The money from Mr. Biden’s younger brother was provided in the form of a personal check in 2018, which was between the time Mr. Biden left the office of the vice president and before he declared he was running for president.
James Biden received $600,000 in loans from Americore, a struggling rural hospital operator, by promising the Biden name could “open doors” and help obtain a large investment in the Middle East, according to court records. Mr. Biden has insisted he was not involved in his family’s business deals, even daring those who questioned his integrity to find any evidence of personal financial gain.
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