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House Speaker Kevin McCarthy (R-CA) has initiated an impeachment inquiry against President Joe Biden, citing evidence that raises concerns about the president’s family’s foreign business dealings. McCarthy’s announcement follows months of investigations by House Republicans, during which they claim to have uncovered evidence of a global influence-peddling scheme aimed at enriching the Biden family.

In a letter to his colleagues, McCarthy accused President Biden of lying to the American people regarding his knowledge of his family’s foreign business activities. He pointed to eyewitness testimonies suggesting that Biden had been involved in phone calls and meetings with Hunter Biden and his business associates. For instance, Hunter Biden’s business partner, Devon Archer, testified that Joe Biden spoke or met with Hunter’s business associates around 20 times, leading to foreign nationals sending millions of dollars to Hunter and purchasing a Porsche for him. This testimony contradicts Biden’s previous claims that he never discussed business matters with Hunter.

Additionally, McCarthy highlighted bank records that reportedly reveal nearly $20 million in payments from shell companies to the Biden family, with their banking transactions flagged over 150 times by U.S. banks for possible “suspicious activity.” He also mentioned the testimony of a trusted FBI informant who discussed alleged bribes to the Biden family.

The Speaker emphasized evidence suggesting that Biden had used his official office to coordinate with Hunter Biden’s business partner regarding Hunter’s role in Burisma, a Ukrainian energy company. This ties into the controversy surrounding the firing of Ukrainian prosecutor Viktor Shokin, who had been investigating corruption allegations at Burisma, where Hunter served on the board. McCarthy’s letter mentioned ongoing investigations into the State Department’s change in perception of Shokin and efforts to access thousands of emails allegedly sent by Biden under a pseudonym from the National Archives.

McCarthy stressed that these allegations should concern all Americans, irrespective of political affiliation, as they paint a picture of a culture of corruption, obstruction, and abuse of power that warrants a formal investigation. He pledged to follow the facts wherever they may lead, with a conference scheduled to discuss the inquiry.

In conclusion, Speaker McCarthy’s decision to launch an impeachment inquiry against President Biden stems from concerns about his family’s foreign business dealings and allegations of corruption, signaling the gravity of these allegations and the need for a thorough investigation.