One of Hunter Biden’s attorneys, George Mesires, has said his client never discussed the Popoviciu case, Romanian anti-corruption efforts or anything else related to Romania with the then-vice president, his father.ĭespite the clear explanation for the transactions at issue, the Oversight Committee chairman alleged that Hunter Biden’s relationship with Mr Popoviciu was connected to the then-vice president’s work carrying out Obama administration policy in Romania, which he described as “a foreign adversary” even though Romania is a longstanding American ally and member of Nato.
Mr Comer described the Romanian national as having been “under investigation for and later convicted of corruption” in his home country, though the Kentucky Republican never alleged that the investigation or conviction had anything to do with Mr Biden or acknowledged that the two men had an attorney-client relationship. The funds transfers Republicans suggested were evidence of wrongdoing began in 2015, the year Hunter Biden began representing Mr Popuviciu.
Much of what Mr Comer discussed involved bank records which he said reveal that Hunter Biden had a “lucrative financial relationship” with a Romanian national by the name of Gabriel Popoviciu during the period his father was vice president under Barack Obama.Īccording to The New York Times, Mr Popoviciu retained Hunter Biden, who is a Yale-educated lawyer, to represent him in an effort to fend off criminal charges related to a land deal in the Romanian capital, Bucharest. But Republicans have nonetheless attempted to cast the president as somehow leading a family-based enterprise that they’ve unfavourably compared to Mr Trump’s eponymous real estate and branding company, even though two of Mr Trump’s companies were convicted of criminal tax fraud in a New York court last year.ĭespite promises to prove Mr Biden’s criminality, Mr Comer’s presentation on Wednesday did not allege any criminal acts by Mr Biden or his family – even as he and his fellow committee members told reporters that Hunter Biden, Mr Biden’s brother James, and other members of the president’s family have been involved in “shady business deals that capitalised on Joe Biden's public office and risked our country's national security”. Biden wants Congress to allow the regulator to impose penalties for “negligent” executives - a lower legal threshold.He has also repeatedly denied having any involvement in his family’s private business affairs. “Congress must act to impose tougher penalties for senior bank executives whose mismanagement contributed to their institutions failing.”Ĭurrently the FDIC can only take back the compensation of executives at the largest banks in the nation, and other penalties on executives require “recklessness” or acting with “willful or continuing disregard” for their bank’s health. “Strengthening accountability is an important deterrent to prevent mismanagement in the future,” Biden said in a statement. He called on Congress to grant the FDIC those powers after the failures of Silicon Valley Bank and Signature Bank sent shockwaves through the global banking industry. Biden wants the Federal Deposit Insurance Corporation to be able to force the return of compensation paid to executives at a broader range of banks should they fail, and to lower the threshold for the regulator to impose fines and bar executives from working at another bank.
0 kommentar(er)
