James Biden clears his brother of any financial involvement in ventures.

TLDR:

• James Biden testifies that President Biden had no financial interest in his business ventures.
• Republican claims of Biden’s involvement in family business dealings are countered by James Biden.

James Biden testified before the House Oversight and Accountability Committee, stating that President Biden never had any direct or indirect financial interest in his business ventures. This testimony came as part of the GOP’s impeachment inquiry into the president, aiming to address allegations of the president’s involvement in his family’s business dealings. James Biden emphasized that he has had a 50-year career in various business ventures, but President Biden has never been involved financially in any of those activities.

The statement from James Biden serves as a response to Republican claims and highlights the efforts to clarify and address any misconceptions about President Biden’s business affiliations. This testimony is crucial in shedding light on the nature of the Biden family’s business relationships and dispelling any concerns or speculations surrounding the president’s financial interests.