Current:Home > MarketsOversight Committee subpoenas former Hunter Biden business partner -Nova Finance Academy
Oversight Committee subpoenas former Hunter Biden business partner
View
Date:2025-04-19 04:30:35
Congressional Republicans have subpoenaed Hunter Biden's former business partner, Devon Archer, demanding he sit for a deposition this week.
The Oversight Committee has been investigating the business dealings of several members of President Joe Biden's family. Kentucky Republican James Comer wrote in a letter to an attorney for Archer stating that he "played a significant role in the Biden family's business deals abroad, including but not limited to China, Russia, and Ukraine."
"Additionally, while undertaking these ventures with the Biden family, your client met with then-Vice President Biden on multiple occasions, including in the White House," wrote Comer, the Oversight Committee chairman.
Archer's potential testimony to the GOP House Oversight Committee is a significant milestone in the congressional probe. Archer served alongside Hunter Biden on the board of Burisma, a Ukraine energy company, beginning in 2014. During this period, then-Vice President Joe Biden was deeply involved in Ukraine policy, an era when his opponents say the energy firm was involved in corruption.
An independent forensic review of Hunter Biden's laptop data by CBS News confirmed hundreds of communications between Hunter Biden and Archer, specifically, emails that suggest working meals were arranged before or after Burisma board meetings. Archer is widely believed to have facilitated Hunter Biden's entry onto Burisma's board.
In February, Comer informed Hunter and the president's brother James that he is seeking documents and communications from the Bidens as part of his committee's probe into any possible involvement by the president in their financial conduct, in particular in foreign business deals "with individuals who were connected to the Chinese Communist Party." Comer accused them in his letter of receiving "significant amounts of money from foreign companies without providing any known legitimate services."
White House spokesman Ian Sams tweeted on May 10 that the committee was "really just microwaving old debunked stuff" while offering "no evidence of any wrongdoing" by the president.
"House Republicans have shown no evidence of any policy decisions influenced by anything other than U.S. national interests," Sams wrote.
After reviewing thousands of records subpoenaed from four banks, the House Oversight Committee said in an interim report last month that some Biden family members, associates and their companies received more than $10 million from foreign entities, including payments made during and after President Joe Biden's vice presidency. But the White House countered that GOP investigators could not point to a "single Joe Biden policy" that was unduly influenced.
The 36-page interim GOP report, released by Comer accused some Biden family members and associates of using a "complicated network" of more than 20 companies, mostly LLCs formed when Mr. Biden was vice president, and used "incremental payments over time" to "conceal large financial transactions."
"From a historical standpoint, we've never seen a presidential family receive these sums of money from adversaries around the world," Comer said.
After the report's May 11 release, Abbe Lowell, an attorney for Hunter Biden, said the committee was "redoing old investigations that found no evidence of wrongdoing by Mr. Biden."
Archer was convicted in 2018 of securities fraud and conspiracy to commit securities fraud for his role in a scheme to defraud a Native American tribe and multiple pension funds. His conviction was overturned later that year, and U.S. District Judge Ronnie Abram wrote in her decision she was "left with an unwavering concern that Archer is innocent of the crimes charged."
The conviction was later reinstated by a federal appeals court. Archer lost an appeal of that decision earlier this month. He has not yet been sentenced.
An attorney for Archer did not immediately reply to a request for comment.
Read the documents below:
- In:
- Hunter Biden
Catherine Herridge is a senior investigative correspondent for CBS News covering national security and intelligence based in Washington, D.C.
TwitterveryGood! (38)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Workers noticed beam hanging off railcar days before fatal accident but didn’t tell the railroad
- Aaron Nola tosses a gem, Phillies crush Diamondbacks to take commanding NLCS lead
- Help! What should I be for Halloween?
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- New York governor begins trip in Israel, plans to meet families
- Burt Young, Oscar-nominated actor who played Paulie in ‘Rocky’ films, dies at 83
- More arrests to be announced in shooting that killed a Philadelphia police officer, authorities say
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Chipotle's Halloween Boorito deal: No costume, later hours and free hot sauce
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- New York governor begins trip in Israel, plans to meet families
- Tulsa massacre survivor, residents push for justice, over a century after killings
- 5 Things podcast: The organ transplant list is huge. Can pig organs help?
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Evidence shows Hamas militants likely used some North Korean weapons in attack on Israel
- Tulsa massacre survivor, residents push for justice, over a century after killings
- Movie Review: In ‘Nyad,’ Jodie Foster swims away with a showcase for Annette Bening
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Watch: Frosty the white orca seen hunting with pod off California in 'incredible encounter'
Southern California sheriff’s deputy shot and hospitalized in unknown condition
Down, but not out: Two Argentine political veterans seek to thwart upstart populist
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
South Texas police officer was fatally shot during a pursuit of 2 men, police say
Boat maker to expand manufacturing, create nearly 800 jobs
Justice Department issues new report aimed at improving police hiring nationwide