January 19, 2025 • 27 mins
Newt talks with Congressman James Comer, Chairman of the House Oversight Committee, about his new book, "All the President's Money," which investigates the financial activities of the Biden family. The book delves into allegations of corruption, influence peddling, and money laundering, focusing on the period when Joe Biden was Vice President. Comer reveals that significant amounts of money were transferred to various Biden family members through a series of LLCs and shell companies, often following meetings between Joe Biden and foreign individuals. The investigation uncovered that most of these transactions occurred while Biden was Vice President, contradicting previous claims. The book also highlights the role of Hunter Biden, who, despite not having a traditional job, received millions of dollars from foreign entities. Comer criticizes the media and government agencies for their lack of action and transparency, suggesting a two-tier system of justice. He advocates for greater transparency and accountability in the financial dealings of elected officials and their families.
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Speaker 1 (00:04):
On this episode of Neutral. Joe Biden made left than
two hundred thousand dollars a year for most of his
life in public service, but as soon as he left office,
he bought his second multi million dollar mansion. He shared
a bookkeeper with Hunter Biden, and a law firm of
several Biden family members that manage their money. Hunter, who
hasn't had a real job in decades, has raked in
(00:26):
tens of millions of dollars. Joe Biden met many of
the foreigners writing the checks, but still maintains all of
these situations are nothing to be concerned about. In his
new book All the President's Money, Investigating the secret foreign
schemes that mid the Biden Family rich Congressmen James Comer
takes readers on a captivating journey through the murky world
(00:49):
of the Biden family's business dealings. This explosive expos deals
deep in deleegations of corruption, influenced peddling and money laundry,
and asked the question was this an abuse of power?
Here to talk about his new book, I'm really pleased
to welcome my good friend and guest, Congressman James Comer,
Chairman of the House Oversight Committee. He represents the first
(01:12):
Congressional district of the great state of Kentucky, and he
has been doing a great job leading the committee. James,
welcome and thank you for joining me again on Newts World.
Speaker 2 (01:31):
Thank you, mister speakers, my honor.
Speaker 1 (01:33):
Can we start with the whole notion that in the
years that Biden was in the Senate, Daniel salary for
senators was one hundred and seventy four thousand dollars a year.
When he became vice president under Barack Obama, he made
two hundred and twenty three thousand, five hundred year. Of course,
they also gave him a house. The money he did
make was when he was out of office, writing books
and giving speeches. All the President's Money is a deep
(01:57):
investigation which you led into the financial activities of Biden family.
Can you walk us through some of the most shocking
findings you uncovered during your investigation.
Speaker 2 (02:08):
Yeah, I'd be happy to. So.
Speaker 3 (02:10):
The book is essentially a forensic audit of how the
Bidens operated, especially during the last two years of the
Obama Biden administration. That's where a significant amount of money
transacted and what would happen is the Vice president would
(02:30):
meet with these people in different countries, and then days later,
literally days later, millions of dollars would start transferring into
a series of bank accounts. The bank accounts were all
under different LLCs. Usually the initial bank account was in
(02:51):
partnership with what we would call an associate. I believe
that that was because if something went bad, then they
would blame it on the associate, And that happened several
times with people like Jason Galanis and Devon Archer and
people like that. They got in trouble and Hunter Biden
never did. But then the money would then be laundered
through various other LLCs and then end up in incremental
(03:14):
payments in different Biden family bank accounts. We learned that
most of this money happened while Joe Biden was vice president.
One of the myths when we started the investigation was
that no money ever transacted while Joe Biden was vice president, and.
Speaker 2 (03:28):
I actually believe that.
Speaker 3 (03:30):
But what we found when I subpoenaed the bank records
was almost all of the money, tens of millions of
dollars in fact, we're transferred while Joe Biden's vice president.
And then the China money started coming in just a
few weeks after Joe Biden left the vice presidency, and
that was after Hunter left the infamous what's that message
(03:51):
saying my father sitting beside me, we expect you to
fulfill your commitments that were made while my father was
vice president.
Speaker 2 (03:58):
So the shocking thing about the.
Speaker 3 (03:59):
Book is that the banks knew about this, and the
banks did everything right. There were six different banks that
filed one hundred and seventy suspicious activity reports, which are
reports to the Treasury Cabinet that we believe their client
is committing some type of financial crime, from money laundering.
Speaker 2 (04:16):
To bribery, things like that.
Speaker 3 (04:18):
The last thing we found that there were four different
government agencies that had ongoing investigations of the Biden family
for financial crimes. And those agencies were the IRS, the FBI,
the Department of Justice in multiple jurisdictions, and the Securities
and Exchange Commission, And in each instance they were told
to stand down by what I refer to as a
(04:40):
deep state bureaucrat.
Speaker 1 (04:42):
I'm curious, when you look at all this activity, do
you really think it's plausible that Biden didn't know the
financial arrangements Hunter Biden had with all these foreign businesses
do you just think this money happened to unfortunately show up.
Speaker 2 (04:57):
No.
Speaker 3 (04:57):
I think Joe Biden lied. I know he lied when
he said he had never met any of these people.
Speaker 2 (05:03):
Why wouldn't he say.
Speaker 3 (05:04):
I have met with them, I meet with everybody that
Hunter's friends with, or whatever he said, under no circumstances.
Speaker 2 (05:10):
Has Joe Biden never met with Hunter Biden? That was
a lie.
Speaker 3 (05:13):
He met with all of them, We met with all
of them. And then he said there was a wall
between his personal finances and Hunters. And what we found
in investigation was that Joe Biden's bookkeeper was also Hunters,
and Joe Biden never paid his bookkeeper of penny, so
somebody was paying that bookkeeper. I would argue it was
Hunter to the influence filling teams. And then they shared
(05:33):
the same law firm. They shared the same law firm,
So you don't have a wall between your businesses when
you share the same house, you share the same CPA firm,
and you share the same law firm.
Speaker 1 (05:46):
When you look at all that isn't it probable that
in the debate with Trump in twenty twenty, he just
planed lide.
Speaker 3 (05:54):
He did lie, And I think this is going to
be remembered in history as one of the biggest acts
of election interference by the federal government. And I say
that because when the laptop was discovered, when it became public,
the intelligence community immediately went not just and signed that letter,
the infamous letter with fifty one former intelligence official saying
(06:15):
that it was Russian disinformation we learned to our investigation.
They went further. They went to Twitter, they went to Facebook,
and they told them all to be ready. This story's
fixing to break by the New York Post. And it
sure sounds a lot like the Russian disinformation, when in fact,
when they were doing that, they had had possession of
that laptop for over six months. So the intelligence community
(06:39):
knowingly lied to the American people when they had those
intelligence officials sign that letter, and then they went further
to censor the story right before the election, so that
the American voters would never know the truth of the
financial crimes that the Bidens committed.
Speaker 1 (06:57):
I thought it was astonishing. And of course Anthony Blincoln,
who became Secretary of State, was the guy who organized
the intelligence community letter, which was a total lie. I mean,
I knew a bunch of these guys, the idea that
they would sign up to live the American people I
found shocking and I think it did serious damage to
the intelligence community's reputation with the American people. Now, in
(07:21):
your book, one of the things you mentioned is the
Biden brand. I mean, how would you define the Biden
brand and how do you think Hunter and the rest
of the family use that brand.
Speaker 3 (07:32):
Devin Archer was the first person to term the coin
Biden brand, and then later two other former what we
call associates, Tony Bobolinski and Jason Galanis, also testified under
oath that they sold the Biden brand. What that was
was a fancy word meaning we're selling access to Joe.
And anyone that was in business with Hunter knew that
(07:56):
it really wasn't a business. It was an influence peddling scheme.
And what they were peddling was access to Joe. And
it wasn't like they were pedaling to special interests, mister speaker.
They were peddling to our adversaries around the world. In
the book, it details exactly who these people were that
wired the million dollar plus wires to the Bidens and
(08:18):
what I would say during the investigation, these were bad
people from bad countries, wiring significant amounts of money to
the Biden family that they then laundered through a series
of shell companies and then distributed to ten different Biden
family members through incremental payments.
Speaker 1 (08:35):
When you mentioned ten different Biden family members, all the
attention is paid to Hunter. But isn't it the fact
that several other members of the family were probably equally guilty.
Speaker 3 (08:45):
I would say that some of the Biden family members
may not have had criminal liability, but they benefited from
the financial schemes.
Speaker 2 (08:55):
But certainly the top three, and that.
Speaker 3 (08:57):
Would be Hunter Biden, Joe Biden, and Jim Biden were
actively engaged in the influence peddling schemes. The difference in
Jim Biden and Hunter Biden is that Jim didn't leave
a laptop line around, so you don't know as much
about Jim, and there was never as much press about Jim,
only because he didn't leave an incriminating.
Speaker 2 (09:17):
Laptop line around.
Speaker 3 (09:18):
But I would argue from looking at the financial accounts
and records of Jim Biden that he's a lot sloppier
and more careless than Hunter Biden. I said in the book,
Hunter was more intelligent than a lot of the conservative
media gave him credit for he had the misfortune of
getting on drugs. In course, drugs mess with you. But
these financial schemes were very sophisticated. And what I put
(09:43):
in the book that a lot of people didn't realize.
The very first real job Hunter Biden had right out
of law school was he was a bank fraud investigator
for a credit card company in Delaware.
Speaker 2 (09:55):
So I would argue that he learned how.
Speaker 3 (09:57):
To defraud from being a a financial fraud investigator and
these schemes, the banks would detail it, the Irish whistleblowers
would detail it that they were very sophisticated. I mean,
this wasn't you know, some crack head on the street
hiding some dimebag dope money.
Speaker 2 (10:16):
This was a very sophisticated scheme that was a hard
nut for the Iris to crack.
Speaker 3 (10:22):
But we learned from the Irish wisher blowers they finally
figured it out. And when they did, that's when Leslie
Wolfe at the Department of Justice, the deep state bureaucrat,
said stand down, you can't talk to any of the
Biden family.
Speaker 1 (10:50):
Compel what happens to the bidens with Senator Menandez who
doesn't have the President of States protecting him, the relative
difference or in representative William Jefferson for Louisiana, who had
money in his freezer.
Speaker 3 (11:04):
I cite those two examples in the book. They did
the exact same thing the Bidens did, only on a
much smaller scale.
Speaker 2 (11:12):
They go to prison and Hunter Biden.
Speaker 3 (11:15):
You don't get tough Scott free as well as Joe
Biden and Jim Bidden. It's an injustice and it shows
that there was truly a two tier system of justice.
Speaker 1 (11:23):
Why did the media find it so hard to report
accurately on these things?
Speaker 3 (11:30):
I believe with all my heart it was because they
hated Donald Trump. I do not think the media had
any love affair of Joe Biden like they did Barack
Obama or Bill Clinton during the Clinton presidency.
Speaker 2 (11:43):
I believe it was.
Speaker 3 (11:44):
The sheer hatred of Donald Trump and the sheer fear
that Donald Trump would in the beginning remain president and
then eventually make his return to the presidency. I think
that their whole existence was threatened by Donald Trump. And
when I say they, I'm talking about the media, the
liberal media, the deep state. They did not want a
(12:08):
guy like Donald Trump that disputed them and that had
a following that discredited him. I mean, I think one
of the greatest things for conservatives that Donald Trump has
done is he has discredited the liberal media. And mister Spiger,
you fought the media your entire life, and you know
that it's tough, and I fought him and it was tough.
Speaker 2 (12:29):
But Donald Trump's the one guy that.
Speaker 3 (12:31):
Has I mean, I think he has destroyed the media
and it's just a matter of time before there's not
much left.
Speaker 1 (12:37):
Did you see that with the collapse of CNN and
the collapse of MSNBC and the downsizing at the Washington Postman,
if you looked at the media of twenty years ago
and you look at him now, Trump has really done
an amazing job of getting the American people to understand
how dishonest they have been. In your investigation, there were
one hundred and fifty suspicious activity reports. It's in the
(13:00):
classic Washington model. Are called SARS SAAR for suspicious activity
report that were linked to the Biden family. Can you
explain what a suspicious activity report is and why it matters?
Speaker 3 (13:13):
Yes, I can, and I knew about the one hundred
and fifty suspicious activity reports from the Grassley and Johnson report.
Somehow they found out that there were one hundred and
fifty suspicious activity reports. And I knew what a suspicious
activity report was because I was a director of a
bank and my family was in the banking business in
south central Kentucky.
Speaker 2 (13:32):
So a suspicious activity report is.
Speaker 3 (13:34):
A bank violation. It's the biggest bank violation of bank issues.
They don't issue them very often, and the media would
try to act like it was a common thing. It's
not a common thing. I was the director of a
bank in Kentucky, which was one of the top ten
Kentucky domicil banks.
Speaker 2 (13:50):
Over a ten year period, I think.
Speaker 3 (13:52):
We issued two suspicious activity reports, and what they are
is the bank notifying the federal government that they believe
their client has committed a financial crime. I knew number one,
if you've got one hundred and fifty of those, something drong,
because I've never heard of anyone getting more than one
or maybe two. And number two, I knew no bank
would issue one on the son of a Vice President
(14:13):
United States unless they were darned sure that a violation
be committed. Because when you file one of those, the
bank examiners coming to the bank and The last thing
a bank wants to see are bank examiners knocking on
the front door. So they filed these and they filed
them with Treasury. But because the bank privacy laws, the
only way you can access them is to go into
Treasury with a subpoena.
Speaker 2 (14:33):
I did that. Finally got in there with Janet yellep
and what we found.
Speaker 3 (14:36):
Was there was actually one hundred and seventy suspicious activity reports,
which I think you can ask any banker in America
do you know anyone that had more than ten suspicious
activity reports and they would say no. This is one
hundred and seventy from six different banks. It wasn't the
same bank, and these weren't little banks like the bank
I was a director of. This was JP Morgan, Wells Fargo,
(14:58):
Cathay Bank. These are some of the biggest banks in
the world. And they filed suspicious sectary report saying things
like money laundering, like potential bribery, like receiving money from
shell companies that they believe are state owned entities. A
state owned entity is bank speak for foreign country. They
(15:19):
thought the Chinese money wasn't from a real company in China.
They thought it was from the Chinese government. So what
Tony Bobolinski would later testify under oath, which I think
was the biggest story that never really got printed about
the investigation, was that there was no real company in China.
It was the Chinese government paying the Bidens a bribe
(15:42):
just so they could have influence over.
Speaker 1 (15:45):
I noticeding you say that the Bidens received eight million
dollars and basically an intelligence operation. Isn't that astonishing that
you could have somebody sitting in the White House whose
family got an eight million dollars from the China These communists.
Speaker 3 (16:01):
Yes, and Christopher Ray just gave an outgoing interview with
sixty minutes and they asked him what the biggest threat
to the United States of America was and he said China.
Speaker 2 (16:11):
Well, why didn't.
Speaker 3 (16:12):
He do anything when he knew that Joe Biden family,
his son who was living in his house with him
where the classified documents were Steward received eight million dollars
from the Chinese government, and according to the Irish Witch
of Blower Switcher Speakers, they never paid a penny of
taxes on it.
Speaker 1 (16:32):
Did you find yourself at times just being totally surprised
as your team came in and told you the latest things.
Speaker 3 (16:39):
I was shocked that someone could pull this off, but
I was shocked more than anything how bad the media was.
And we would report something and it wasn't like we
got it on Twitter. We would have their bank records,
we had the actual email, and the media would immediately
click their heels and say, no evidence, this deposition produced nothing.
(17:02):
They would report on the depositions before we even swore
the witnesses in CNN had a story up on how
big a failure the transcript interview with Eric Sherwin.
Speaker 2 (17:12):
Was, who was the bookkeeper before we even swore him in.
Speaker 3 (17:17):
It's unbelievable how dishonest the media was about what I
think is the biggest public corruption scandal in my lifetime.
Speaker 1 (17:27):
Certainly you'd have to consider this the biggest scandal involving
the White House. What makes it so terrible is it's
clear that Hunter was a drug addict and probably an alcoholic.
But here you have the vice president, I state's former
US senator and then president, and he is in a
series of relationships, not just China, the mayor's wife in Moscow.
(17:51):
It is Ukraine. I think it's Kazakhstan. I mean a
lot of places where people finding it useful to give
money to the Bidens.
Speaker 3 (18:02):
Yeah, it was Romania, China, Russia, Ukraine, and Kazakhstan, with
the exception of China, not normal countries where there's a
lot of commerce between the United States and anyone else.
The amazing thing was that the media would.
Speaker 2 (18:18):
Say, oh, the Bidens were in business like the Trumps.
Speaker 3 (18:21):
Well, the Trumps actually own real businesses, and no one
could ever say what the Biden business was. If anything,
you would argue they were lobbying, which to lobby you
have to reacher as a foreign agent if you're lobbying
for a foreign country or a foreign entity. And they
never rechered as foreign agents. Well, people get put in
(18:41):
jail all the time for not chering as foreign agents.
In fact, two of the people that also got money
from China for the same thing, they went to jail
for violating the Foreign Agents Registration Act.
Speaker 2 (18:53):
But Hunter Biden and Joe Biden and Jim Biden, they
never went to jail. They were never even prosecuted over that.
Speaker 1 (19:16):
I thought the Independent Council's argument for not trying the
president that he thought he was too old and his
ability to function was too limited, that his cognitive decline
was too great. I thought that was absolutely weird, and
it's pretty clear that the Special Council was not in
(19:36):
any way pro Biden. I've never quite understood how he
managed to reach that decision. Now that you've looked at
all this, and we live in a modern world where
we have real time and information. And by the way,
I remember, I think one of the pictures you had
was Vice President Biden meeting with a whole series of
foreign business leaders at Cafe Milano. I mean, it was
(19:56):
blatantly obvious. I wish the Trump campaign had had that
picture sure in twenty twenty, because it would have blown
out of the water the entire Biden allegation of innocence.
But when you look at all this, beyond going after
the Biden family, which I think is legitimate and we
should get to the bottom of it. Given what you've learned,
what actions do you think Congress should take to ensure
(20:18):
greater transparency and accountability? Is the dealings of elected officials
in their families?
Speaker 3 (20:23):
Well, I legislation that I tried to pass last year,
and the Democrats weren't interested in it.
Speaker 2 (20:29):
They weren't interested in the.
Speaker 3 (20:30):
Beginning because they thought Joe Biden was going to get
re elected. After the debate, they became interested in until
Kamala Harris got put on the ticket. Then they became
uninterested in it again all the way to the end
of the Congress. But it's the Presidential Ethics for FORMAC,
and it significantly increases the disclosure requirements, so you can
have greater transparency in president's income and their immediate family's
(20:54):
income because you can hide money if your son lives
with you in the House, which I would argue that
Hunter Biden spent more nights in the White House then
he spent in hotels or in that condo in California.
You need to have disclosure of your immediate family members.
That's what this bill would do, and I hope to
(21:14):
pass it. Obviously won't be able to take effect till
the next administration, but I tried to get it passed
to where it would impact this incoming administration. But again
the Democrats didn't want to do it because they thought
Harris was going to be president, and the Democrats are
only interested in ethics when it's a Republican administration.
Speaker 1 (21:32):
Do you think that we have a real long term
reporting problem? I mean It's clear that the Bidens were
just playing, willing to lie. So does it have to
come through the banks or through the financial institutions? How
do you enforce it if you're dealing with a politician
who doesn't mind lying.
Speaker 3 (21:49):
There's supposed to be checks and balances, and there were
in this case. The IRIS knew what they were doing,
the FBI knew what they were doing, the CIA.
Speaker 2 (21:57):
Knew what they were doing, Treasury knew what they were doing.
The bank did everything right.
Speaker 3 (22:01):
The banks reported correctly the crimes, but our government agencies
did nothing. They intentionally told the Irish was the blowers
to stand down. And I think that there are checks
and balances to where this would get caught. And then
you know another check in ballance. Unofficially is supposed to
(22:22):
be the maintream media. But this media had absolutely no
curiosity with respect to the Biden. They were very curious
about Trump and Jared Kushner and their due.
Speaker 2 (22:33):
They had no curiosity with respect to the Biden.
Speaker 3 (22:35):
So there are checks and balances in place, and if
anyone thinks, well, somehow they got away.
Speaker 2 (22:41):
With it, nobody caught them. Well, they did catch them. Again.
Speaker 3 (22:44):
The four different government agencies were investigating, but they were
told to stand down. I think just cleaning house at
those agencies with Cash Pattel, with John Radcliffe, with Billy
Long at the IRS, with the new Securities and Change Director.
I think that's the first step. And hopefully this disrupted
media and whatever emerges in the new age of media
(23:06):
with respect to Twitter and podcasts and things like that,
hopefully we can catch it. But I think ethics laws
because there's no definition of influence peddling, and that's what
my legislation defined influence pedaling. What is influence peddling and
this is illegal because right now, unfortunately, influence pedaling is
not illegal.
Speaker 2 (23:27):
And I don't think you could limit like what Trump does.
Speaker 3 (23:29):
I don't think it's right to say, well, you shouldn't
have any businesses, or you should divest all your assets
because I'm a Republican and I want a business guy
in office, you know. I think we've got to have
a business guy to manage the money better and manage
the federal workforce better. So I welcome business people in office,
but you just need to be transparent, and I think
(23:50):
Trump's done that. You know, he brags about his businesses,
he brags about his courses in other countries, and people
like that.
Speaker 2 (23:55):
They want a business guy.
Speaker 3 (23:57):
So I don't think it's a matter of seen you
can't be in business or owning businesses. Just be transparent
about it and disclose it.
Speaker 1 (24:04):
Coming up on Mondays the inauguration, What are your feelings?
Are you looking forward to it?
Speaker 2 (24:09):
I am looking forward to it.
Speaker 3 (24:10):
We've tried to provide oversight on the Overside Committee, but
this BI administration will not turn over any documents. We
had a hearing about the federal workforce. As you know,
a significant percentage of the federal workforce in Washington, DC
is working from home because of COVID. They're not coming
to work, they're not doing their jobs, and we never
could get specific numbers of how many employees are actually
(24:33):
showing up to work. I think with the new Trump administration,
we'll be able to get information and we'll be able
to provide better oversight for the taxpayer. So we needed
new blood in Washington and I think we're going to
get that on Monday.
Speaker 1 (24:46):
You and I think are an agreement. But explain why
you think having one big, beautiful bill is much better
than trying to divide it into two bills.
Speaker 3 (24:56):
Well, I think that it's very difficult to govern, especially
in the House of REPRESENTA is when Stephanic and Mike
Waltz resign on January twentieth to go into the Trump administration.
Speaker 2 (25:06):
We're not going to have.
Speaker 3 (25:08):
But two seventeen to two fifteen majority minority ratio, so
we can't lose a boat.
Speaker 2 (25:14):
If it's two sixteen to two sixteen the bill fails.
Speaker 3 (25:17):
I think having one bill, get it all done, don't
make it linger into the fall.
Speaker 2 (25:22):
Get it done.
Speaker 3 (25:23):
If it's one bill, there'll be a greater sense of
urgency by Congress to get it passed. I think one
bill is the most efficient. One bill is the easiest
to pass, which you have to think about stuff like that.
You have to think you have to get to eighteen
in the House or two seventeen, whatever the number is
at the time, and then you have to get to
fifty one in the Senate. So I think this is
(25:44):
the best way, and it's what I strongly.
Speaker 1 (25:46):
Endorse, having been Speaker and having once passed two reconciliations
in one year. We need this bill early. We need
for it to be big. We need to really re
energize the economy, make life more affordable, increase take on pay,
and create jobs. And if we'll do it right, we
could really have a very very good election next year
(26:06):
by proving that we can govern. You know, James, I've
really enjoyed working with you and your team. You've been
very generous and letting me come over and learn from
you and learn from your team. I want to thank
you for joining me. Your new book, All the President's Money,
Investigating the secret foreign schemes that made the Biden Family Rich,
is available now on Amazon and in bookstores everywhere. We're
(26:28):
going to feature a link to buy it on our
show page. I really appreciate you taking the time. I
know how busy you are.
Speaker 2 (26:34):
And thank you so much. I'm a big pay and
mister speaker.
Speaker 1 (26:41):
Thank you to my guest chairman, James Comer. You can
get a link to buy his new book, All the
President's Money on our show page at Newtsworld dot com.
News World is produced by Gangish three sixty an iHeartMedia.
Our executive producer is Guernsey Sloan. Our researcher is Rachel Peterson.
The artwork for the show was created by Steve Penley.
(27:01):
Special thanks to the team at Gingrid three sixty. If
you've been enjoying news World, I hope you'll go to
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all about. Right now, listeners of neutrald consign up for
my three freeweekly columns at gingrichswree sixty dot com slash newsletter.
(27:22):
I'm newt Gingrich. This is neutrald
On this episode of Neutral. Joe Biden made left than
two hundred thousand dollars a year for most of his
life in public service, but as soon as he left office,
he bought his second multi million dollar mansion. He shared
a bookkeeper with Hunter Biden, and a law firm of
several Biden family members that manage their money. Hunter, who
hasn't had a real job in decades, has raked in
(00:26):
tens of millions of dollars. Joe Biden met many of
the foreigners writing the checks, but still maintains all of
these situations are nothing to be concerned about. In his
new book All the President's Money, Investigating the secret foreign
schemes that mid the Biden Family rich Congressmen James Comer
takes readers on a captivating journey through the murky world
(00:49):
of the Biden family's business dealings. This explosive expos deals
deep in deleegations of corruption, influenced peddling and money laundry,
and asked the question was this an abuse of power?
Here to talk about his new book, I'm really pleased
to welcome my good friend and guest, Congressman James Comer,
Chairman of the House Oversight Committee. He represents the first
(01:12):
Congressional district of the great state of Kentucky, and he
has been doing a great job leading the committee. James,
welcome and thank you for joining me again on Newts World.
Speaker 2 (01:31):
Thank you, mister speakers, my honor.
Speaker 1 (01:33):
Can we start with the whole notion that in the
years that Biden was in the Senate, Daniel salary for
senators was one hundred and seventy four thousand dollars a year.
When he became vice president under Barack Obama, he made
two hundred and twenty three thousand, five hundred year. Of course,
they also gave him a house. The money he did
make was when he was out of office, writing books
and giving speeches. All the President's Money is a deep
(01:57):
investigation which you led into the financial activities of Biden family.
Can you walk us through some of the most shocking
findings you uncovered during your investigation.
Speaker 2 (02:08):
Yeah, I'd be happy to. So.
Speaker 3 (02:10):
The book is essentially a forensic audit of how the
Bidens operated, especially during the last two years of the
Obama Biden administration. That's where a significant amount of money
transacted and what would happen is the Vice president would
(02:30):
meet with these people in different countries, and then days later,
literally days later, millions of dollars would start transferring into
a series of bank accounts. The bank accounts were all
under different LLCs. Usually the initial bank account was in
(02:51):
partnership with what we would call an associate. I believe
that that was because if something went bad, then they
would blame it on the associate, And that happened several
times with people like Jason Galanis and Devon Archer and
people like that. They got in trouble and Hunter Biden
never did. But then the money would then be laundered
through various other LLCs and then end up in incremental
(03:14):
payments in different Biden family bank accounts. We learned that
most of this money happened while Joe Biden was vice president.
One of the myths when we started the investigation was
that no money ever transacted while Joe Biden was vice president, and.
Speaker 2 (03:28):
I actually believe that.
Speaker 3 (03:30):
But what we found when I subpoenaed the bank records
was almost all of the money, tens of millions of
dollars in fact, we're transferred while Joe Biden's vice president.
And then the China money started coming in just a
few weeks after Joe Biden left the vice presidency, and
that was after Hunter left the infamous what's that message
(03:51):
saying my father sitting beside me, we expect you to
fulfill your commitments that were made while my father was
vice president.
Speaker 2 (03:58):
So the shocking thing about the.
Speaker 3 (03:59):
Book is that the banks knew about this, and the
banks did everything right. There were six different banks that
filed one hundred and seventy suspicious activity reports, which are
reports to the Treasury Cabinet that we believe their client
is committing some type of financial crime, from money laundering.
Speaker 2 (04:16):
To bribery, things like that.
Speaker 3 (04:18):
The last thing we found that there were four different
government agencies that had ongoing investigations of the Biden family
for financial crimes. And those agencies were the IRS, the FBI,
the Department of Justice in multiple jurisdictions, and the Securities
and Exchange Commission, And in each instance they were told
to stand down by what I refer to as a
(04:40):
deep state bureaucrat.
Speaker 1 (04:42):
I'm curious, when you look at all this activity, do
you really think it's plausible that Biden didn't know the
financial arrangements Hunter Biden had with all these foreign businesses
do you just think this money happened to unfortunately show up.
Speaker 2 (04:57):
No.
Speaker 3 (04:57):
I think Joe Biden lied. I know he lied when
he said he had never met any of these people.
Speaker 2 (05:03):
Why wouldn't he say.
Speaker 3 (05:04):
I have met with them, I meet with everybody that
Hunter's friends with, or whatever he said, under no circumstances.
Speaker 2 (05:10):
Has Joe Biden never met with Hunter Biden? That was
a lie.
Speaker 3 (05:13):
He met with all of them, We met with all
of them. And then he said there was a wall
between his personal finances and Hunters. And what we found
in investigation was that Joe Biden's bookkeeper was also Hunters,
and Joe Biden never paid his bookkeeper of penny, so
somebody was paying that bookkeeper. I would argue it was
Hunter to the influence filling teams. And then they shared
(05:33):
the same law firm. They shared the same law firm,
So you don't have a wall between your businesses when
you share the same house, you share the same CPA firm,
and you share the same law firm.
Speaker 1 (05:46):
When you look at all that isn't it probable that
in the debate with Trump in twenty twenty, he just
planed lide.
Speaker 3 (05:54):
He did lie, And I think this is going to
be remembered in history as one of the biggest acts
of election interference by the federal government. And I say
that because when the laptop was discovered, when it became public,
the intelligence community immediately went not just and signed that letter,
the infamous letter with fifty one former intelligence official saying
(06:15):
that it was Russian disinformation we learned to our investigation.
They went further. They went to Twitter, they went to Facebook,
and they told them all to be ready. This story's
fixing to break by the New York Post. And it
sure sounds a lot like the Russian disinformation, when in fact,
when they were doing that, they had had possession of
that laptop for over six months. So the intelligence community
(06:39):
knowingly lied to the American people when they had those
intelligence officials sign that letter, and then they went further
to censor the story right before the election, so that
the American voters would never know the truth of the
financial crimes that the Bidens committed.
Speaker 1 (06:57):
I thought it was astonishing. And of course Anthony Blincoln,
who became Secretary of State, was the guy who organized
the intelligence community letter, which was a total lie. I mean,
I knew a bunch of these guys, the idea that
they would sign up to live the American people I
found shocking and I think it did serious damage to
the intelligence community's reputation with the American people. Now, in
(07:21):
your book, one of the things you mentioned is the
Biden brand. I mean, how would you define the Biden
brand and how do you think Hunter and the rest
of the family use that brand.
Speaker 3 (07:32):
Devin Archer was the first person to term the coin
Biden brand, and then later two other former what we
call associates, Tony Bobolinski and Jason Galanis, also testified under
oath that they sold the Biden brand. What that was
was a fancy word meaning we're selling access to Joe.
And anyone that was in business with Hunter knew that
(07:56):
it really wasn't a business. It was an influence peddling scheme.
And what they were peddling was access to Joe. And
it wasn't like they were pedaling to special interests, mister speaker.
They were peddling to our adversaries around the world. In
the book, it details exactly who these people were that
wired the million dollar plus wires to the Bidens and
(08:18):
what I would say during the investigation, these were bad
people from bad countries, wiring significant amounts of money to
the Biden family that they then laundered through a series
of shell companies and then distributed to ten different Biden
family members through incremental payments.
Speaker 1 (08:35):
When you mentioned ten different Biden family members, all the
attention is paid to Hunter. But isn't it the fact
that several other members of the family were probably equally guilty.
Speaker 3 (08:45):
I would say that some of the Biden family members
may not have had criminal liability, but they benefited from
the financial schemes.
Speaker 2 (08:55):
But certainly the top three, and that.
Speaker 3 (08:57):
Would be Hunter Biden, Joe Biden, and Jim Biden were
actively engaged in the influence peddling schemes. The difference in
Jim Biden and Hunter Biden is that Jim didn't leave
a laptop line around, so you don't know as much
about Jim, and there was never as much press about Jim,
only because he didn't leave an incriminating.
Speaker 2 (09:17):
Laptop line around.
Speaker 3 (09:18):
But I would argue from looking at the financial accounts
and records of Jim Biden that he's a lot sloppier
and more careless than Hunter Biden. I said in the book,
Hunter was more intelligent than a lot of the conservative
media gave him credit for he had the misfortune of
getting on drugs. In course, drugs mess with you. But
these financial schemes were very sophisticated. And what I put
(09:43):
in the book that a lot of people didn't realize.
The very first real job Hunter Biden had right out
of law school was he was a bank fraud investigator
for a credit card company in Delaware.
Speaker 2 (09:55):
So I would argue that he learned how.
Speaker 3 (09:57):
To defraud from being a a financial fraud investigator and
these schemes, the banks would detail it, the Irish whistleblowers
would detail it that they were very sophisticated. I mean,
this wasn't you know, some crack head on the street
hiding some dimebag dope money.
Speaker 2 (10:16):
This was a very sophisticated scheme that was a hard
nut for the Iris to crack.
Speaker 3 (10:22):
But we learned from the Irish wisher blowers they finally
figured it out. And when they did, that's when Leslie
Wolfe at the Department of Justice, the deep state bureaucrat,
said stand down, you can't talk to any of the
Biden family.
Speaker 1 (10:50):
Compel what happens to the bidens with Senator Menandez who
doesn't have the President of States protecting him, the relative
difference or in representative William Jefferson for Louisiana, who had
money in his freezer.
Speaker 3 (11:04):
I cite those two examples in the book. They did
the exact same thing the Bidens did, only on a
much smaller scale.
Speaker 2 (11:12):
They go to prison and Hunter Biden.
Speaker 3 (11:15):
You don't get tough Scott free as well as Joe
Biden and Jim Bidden. It's an injustice and it shows
that there was truly a two tier system of justice.
Speaker 1 (11:23):
Why did the media find it so hard to report
accurately on these things?
Speaker 3 (11:30):
I believe with all my heart it was because they
hated Donald Trump. I do not think the media had
any love affair of Joe Biden like they did Barack
Obama or Bill Clinton during the Clinton presidency.
Speaker 2 (11:43):
I believe it was.
Speaker 3 (11:44):
The sheer hatred of Donald Trump and the sheer fear
that Donald Trump would in the beginning remain president and
then eventually make his return to the presidency. I think
that their whole existence was threatened by Donald Trump. And
when I say they, I'm talking about the media, the
liberal media, the deep state. They did not want a
(12:08):
guy like Donald Trump that disputed them and that had
a following that discredited him. I mean, I think one
of the greatest things for conservatives that Donald Trump has
done is he has discredited the liberal media. And mister Spiger,
you fought the media your entire life, and you know
that it's tough, and I fought him and it was tough.
Speaker 2 (12:29):
But Donald Trump's the one guy that.
Speaker 3 (12:31):
Has I mean, I think he has destroyed the media
and it's just a matter of time before there's not
much left.
Speaker 1 (12:37):
Did you see that with the collapse of CNN and
the collapse of MSNBC and the downsizing at the Washington Postman,
if you looked at the media of twenty years ago
and you look at him now, Trump has really done
an amazing job of getting the American people to understand
how dishonest they have been. In your investigation, there were
one hundred and fifty suspicious activity reports. It's in the
(13:00):
classic Washington model. Are called SARS SAAR for suspicious activity
report that were linked to the Biden family. Can you
explain what a suspicious activity report is and why it matters?
Speaker 3 (13:13):
Yes, I can, and I knew about the one hundred
and fifty suspicious activity reports from the Grassley and Johnson report.
Somehow they found out that there were one hundred and
fifty suspicious activity reports. And I knew what a suspicious
activity report was because I was a director of a
bank and my family was in the banking business in
south central Kentucky.
Speaker 2 (13:32):
So a suspicious activity report is.
Speaker 3 (13:34):
A bank violation. It's the biggest bank violation of bank issues.
They don't issue them very often, and the media would
try to act like it was a common thing. It's
not a common thing. I was the director of a
bank in Kentucky, which was one of the top ten
Kentucky domicil banks.
Speaker 2 (13:50):
Over a ten year period, I think.
Speaker 3 (13:52):
We issued two suspicious activity reports, and what they are
is the bank notifying the federal government that they believe
their client has committed a financial crime. I knew number one,
if you've got one hundred and fifty of those, something drong,
because I've never heard of anyone getting more than one
or maybe two. And number two, I knew no bank
would issue one on the son of a Vice President
(14:13):
United States unless they were darned sure that a violation
be committed. Because when you file one of those, the
bank examiners coming to the bank and The last thing
a bank wants to see are bank examiners knocking on
the front door. So they filed these and they filed
them with Treasury. But because the bank privacy laws, the
only way you can access them is to go into
Treasury with a subpoena.
Speaker 2 (14:33):
I did that. Finally got in there with Janet yellep
and what we found.
Speaker 3 (14:36):
Was there was actually one hundred and seventy suspicious activity reports,
which I think you can ask any banker in America
do you know anyone that had more than ten suspicious
activity reports and they would say no. This is one
hundred and seventy from six different banks. It wasn't the
same bank, and these weren't little banks like the bank
I was a director of. This was JP Morgan, Wells Fargo,
(14:58):
Cathay Bank. These are some of the biggest banks in
the world. And they filed suspicious sectary report saying things
like money laundering, like potential bribery, like receiving money from
shell companies that they believe are state owned entities. A
state owned entity is bank speak for foreign country. They
(15:19):
thought the Chinese money wasn't from a real company in China.
They thought it was from the Chinese government. So what
Tony Bobolinski would later testify under oath, which I think
was the biggest story that never really got printed about
the investigation, was that there was no real company in China.
It was the Chinese government paying the Bidens a bribe
(15:42):
just so they could have influence over.
Speaker 1 (15:45):
I noticeding you say that the Bidens received eight million
dollars and basically an intelligence operation. Isn't that astonishing that
you could have somebody sitting in the White House whose
family got an eight million dollars from the China These communists.
Speaker 3 (16:01):
Yes, and Christopher Ray just gave an outgoing interview with
sixty minutes and they asked him what the biggest threat
to the United States of America was and he said China.
Speaker 2 (16:11):
Well, why didn't.
Speaker 3 (16:12):
He do anything when he knew that Joe Biden family,
his son who was living in his house with him
where the classified documents were Steward received eight million dollars
from the Chinese government, and according to the Irish Witch
of Blower Switcher Speakers, they never paid a penny of
taxes on it.
Speaker 1 (16:32):
Did you find yourself at times just being totally surprised
as your team came in and told you the latest things.
Speaker 3 (16:39):
I was shocked that someone could pull this off, but
I was shocked more than anything how bad the media was.
And we would report something and it wasn't like we
got it on Twitter. We would have their bank records,
we had the actual email, and the media would immediately
click their heels and say, no evidence, this deposition produced nothing.
(17:02):
They would report on the depositions before we even swore
the witnesses in CNN had a story up on how
big a failure the transcript interview with Eric Sherwin.
Speaker 2 (17:12):
Was, who was the bookkeeper before we even swore him in.
Speaker 3 (17:17):
It's unbelievable how dishonest the media was about what I
think is the biggest public corruption scandal in my lifetime.
Speaker 1 (17:27):
Certainly you'd have to consider this the biggest scandal involving
the White House. What makes it so terrible is it's
clear that Hunter was a drug addict and probably an alcoholic.
But here you have the vice president, I state's former
US senator and then president, and he is in a
series of relationships, not just China, the mayor's wife in Moscow.
(17:51):
It is Ukraine. I think it's Kazakhstan. I mean a
lot of places where people finding it useful to give
money to the Bidens.
Speaker 3 (18:02):
Yeah, it was Romania, China, Russia, Ukraine, and Kazakhstan, with
the exception of China, not normal countries where there's a
lot of commerce between the United States and anyone else.
The amazing thing was that the media would.
Speaker 2 (18:18):
Say, oh, the Bidens were in business like the Trumps.
Speaker 3 (18:21):
Well, the Trumps actually own real businesses, and no one
could ever say what the Biden business was. If anything,
you would argue they were lobbying, which to lobby you
have to reacher as a foreign agent if you're lobbying
for a foreign country or a foreign entity. And they
never rechered as foreign agents. Well, people get put in
(18:41):
jail all the time for not chering as foreign agents.
In fact, two of the people that also got money
from China for the same thing, they went to jail
for violating the Foreign Agents Registration Act.
Speaker 2 (18:53):
But Hunter Biden and Joe Biden and Jim Biden, they
never went to jail. They were never even prosecuted over that.
Speaker 1 (19:16):
I thought the Independent Council's argument for not trying the
president that he thought he was too old and his
ability to function was too limited, that his cognitive decline
was too great. I thought that was absolutely weird, and
it's pretty clear that the Special Council was not in
(19:36):
any way pro Biden. I've never quite understood how he
managed to reach that decision. Now that you've looked at
all this, and we live in a modern world where
we have real time and information. And by the way,
I remember, I think one of the pictures you had
was Vice President Biden meeting with a whole series of
foreign business leaders at Cafe Milano. I mean, it was
(19:56):
blatantly obvious. I wish the Trump campaign had had that
picture sure in twenty twenty, because it would have blown
out of the water the entire Biden allegation of innocence.
But when you look at all this, beyond going after
the Biden family, which I think is legitimate and we
should get to the bottom of it. Given what you've learned,
what actions do you think Congress should take to ensure
(20:18):
greater transparency and accountability? Is the dealings of elected officials
in their families?
Speaker 3 (20:23):
Well, I legislation that I tried to pass last year,
and the Democrats weren't interested in it.
Speaker 2 (20:29):
They weren't interested in the.
Speaker 3 (20:30):
Beginning because they thought Joe Biden was going to get
re elected. After the debate, they became interested in until
Kamala Harris got put on the ticket. Then they became
uninterested in it again all the way to the end
of the Congress. But it's the Presidential Ethics for FORMAC,
and it significantly increases the disclosure requirements, so you can
have greater transparency in president's income and their immediate family's
(20:54):
income because you can hide money if your son lives
with you in the House, which I would argue that
Hunter Biden spent more nights in the White House then
he spent in hotels or in that condo in California.
You need to have disclosure of your immediate family members.
That's what this bill would do, and I hope to
(21:14):
pass it. Obviously won't be able to take effect till
the next administration, but I tried to get it passed
to where it would impact this incoming administration. But again
the Democrats didn't want to do it because they thought
Harris was going to be president, and the Democrats are
only interested in ethics when it's a Republican administration.
Speaker 1 (21:32):
Do you think that we have a real long term
reporting problem? I mean It's clear that the Bidens were
just playing, willing to lie. So does it have to
come through the banks or through the financial institutions? How
do you enforce it if you're dealing with a politician
who doesn't mind lying.
Speaker 3 (21:49):
There's supposed to be checks and balances, and there were
in this case. The IRIS knew what they were doing,
the FBI knew what they were doing, the CIA.
Speaker 2 (21:57):
Knew what they were doing, Treasury knew what they were doing.
The bank did everything right.
Speaker 3 (22:01):
The banks reported correctly the crimes, but our government agencies
did nothing. They intentionally told the Irish was the blowers
to stand down. And I think that there are checks
and balances to where this would get caught. And then
you know another check in ballance. Unofficially is supposed to
(22:22):
be the maintream media. But this media had absolutely no
curiosity with respect to the Biden. They were very curious
about Trump and Jared Kushner and their due.
Speaker 2 (22:33):
They had no curiosity with respect to the Biden.
Speaker 3 (22:35):
So there are checks and balances in place, and if
anyone thinks, well, somehow they got away.
Speaker 2 (22:41):
With it, nobody caught them. Well, they did catch them. Again.
Speaker 3 (22:44):
The four different government agencies were investigating, but they were
told to stand down. I think just cleaning house at
those agencies with Cash Pattel, with John Radcliffe, with Billy
Long at the IRS, with the new Securities and Change Director.
I think that's the first step. And hopefully this disrupted
media and whatever emerges in the new age of media
(23:06):
with respect to Twitter and podcasts and things like that,
hopefully we can catch it. But I think ethics laws
because there's no definition of influence peddling, and that's what
my legislation defined influence pedaling. What is influence peddling and
this is illegal because right now, unfortunately, influence pedaling is
not illegal.
Speaker 2 (23:27):
And I don't think you could limit like what Trump does.
Speaker 3 (23:29):
I don't think it's right to say, well, you shouldn't
have any businesses, or you should divest all your assets
because I'm a Republican and I want a business guy
in office, you know. I think we've got to have
a business guy to manage the money better and manage
the federal workforce better. So I welcome business people in office,
but you just need to be transparent, and I think
(23:50):
Trump's done that. You know, he brags about his businesses,
he brags about his courses in other countries, and people
like that.
Speaker 2 (23:55):
They want a business guy.
Speaker 3 (23:57):
So I don't think it's a matter of seen you
can't be in business or owning businesses. Just be transparent
about it and disclose it.
Speaker 1 (24:04):
Coming up on Mondays the inauguration, What are your feelings?
Are you looking forward to it?
Speaker 2 (24:09):
I am looking forward to it.
Speaker 3 (24:10):
We've tried to provide oversight on the Overside Committee, but
this BI administration will not turn over any documents. We
had a hearing about the federal workforce. As you know,
a significant percentage of the federal workforce in Washington, DC
is working from home because of COVID. They're not coming
to work, they're not doing their jobs, and we never
could get specific numbers of how many employees are actually
(24:33):
showing up to work. I think with the new Trump administration,
we'll be able to get information and we'll be able
to provide better oversight for the taxpayer. So we needed
new blood in Washington and I think we're going to
get that on Monday.
Speaker 1 (24:46):
You and I think are an agreement. But explain why
you think having one big, beautiful bill is much better
than trying to divide it into two bills.
Speaker 3 (24:56):
Well, I think that it's very difficult to govern, especially
in the House of REPRESENTA is when Stephanic and Mike
Waltz resign on January twentieth to go into the Trump administration.
Speaker 2 (25:06):
We're not going to have.
Speaker 3 (25:08):
But two seventeen to two fifteen majority minority ratio, so
we can't lose a boat.
Speaker 2 (25:14):
If it's two sixteen to two sixteen the bill fails.
Speaker 3 (25:17):
I think having one bill, get it all done, don't
make it linger into the fall.
Speaker 2 (25:22):
Get it done.
Speaker 3 (25:23):
If it's one bill, there'll be a greater sense of
urgency by Congress to get it passed. I think one
bill is the most efficient. One bill is the easiest
to pass, which you have to think about stuff like that.
You have to think you have to get to eighteen
in the House or two seventeen, whatever the number is
at the time, and then you have to get to
fifty one in the Senate. So I think this is
(25:44):
the best way, and it's what I strongly.
Speaker 1 (25:46):
Endorse, having been Speaker and having once passed two reconciliations
in one year. We need this bill early. We need
for it to be big. We need to really re
energize the economy, make life more affordable, increase take on pay,
and create jobs. And if we'll do it right, we
could really have a very very good election next year
(26:06):
by proving that we can govern. You know, James, I've
really enjoyed working with you and your team. You've been
very generous and letting me come over and learn from
you and learn from your team. I want to thank
you for joining me. Your new book, All the President's Money,
Investigating the secret foreign schemes that made the Biden Family Rich,
is available now on Amazon and in bookstores everywhere. We're
(26:28):
going to feature a link to buy it on our
show page. I really appreciate you taking the time. I
know how busy you are.
Speaker 2 (26:34):
And thank you so much. I'm a big pay and
mister speaker.
Speaker 1 (26:41):
Thank you to my guest chairman, James Comer. You can
get a link to buy his new book, All the
President's Money on our show page at Newtsworld dot com.
News World is produced by Gangish three sixty an iHeartMedia.
Our executive producer is Guernsey Sloan. Our researcher is Rachel Peterson.
The artwork for the show was created by Steve Penley.
(27:01):
Special thanks to the team at Gingrid three sixty. If
you've been enjoying news World, I hope you'll go to
Apple podcast and both rate us with five stars and
give us a review so others can learn what it's
all about. Right now, listeners of neutrald consign up for
my three freeweekly columns at gingrichswree sixty dot com slash newsletter.
(27:22):
I'm newt Gingrich. This is neutrald
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