Hunter Biden business associate Eric Schwerin never noted a purported $40,000 loan from President Biden to his younger brother James — despite having access to the now-president’s checking and corporate accounts as his bookkeeper and tax preparer, a congressional interview transcript released Monday shows.
Schwerin, 54, said during the Jan. 30 deposition with House impeachment investigators that “I don’t recall” Joe Biden having loaned out any money between 2009 and 2016, during which Schwerin helped the then-vice president prepare tax and financial disclosure forms.
“Certainly through the 2016 tax period, I don’t recall any loans that he made,” said Schwerin, who added that he “potentially” did not see any loans Biden made in 2017, when Schwerin was “still was helping [Biden] with his household finances … as he was becoming a private citizen.”
James Biden and his wife Sara wrote a $40,000 check to Joe on Sept. 3, 2017, after James and Hunter received $5.1 million from Chinese-state linked energy firm CEFC, the first brother confirmed to the House committees in a Feb. 21 deposition. The check was marked as a “loan repayment” from a July 28, 2017, wire.