House Speaker Kevin McCarthy (R-CA) recently disclosed that the Republican-controlled House is edging closer to launching an impeachment investigation against President Joe Biden. The basis for these claims revolves around allegations that Biden received millions of dollars in bribes from foreign governments.
Kevin McCarthy has said President Biden's alleged involvement in shell companies reportedly surrounding Hunter Biden is "rising to the level of an impeachment inquiry."
7/25/2023
The impetus for this movement came after Senator Chuck Grassley (R-IA) released an FBI-generated FD-1023 form, which indicates that a confidential source informed the FBI that a co-founder of Burisma, a Ukrainian energy company, claimed to have been "coerced" by then-Vice President Biden and his son, Hunter Biden, into paying millions of dollars in bribes. These payments were allegedly exchanged for their assistance in pressuring Ukraine to dismiss a prosecutor who was investigating Burisma.
McCarthy's interview with Fox News host Sean Hannity further revealed that the FBI had kept this information hidden from the IRS. Additionally, it was discovered that 16 out of 17 payments from Romania were made to Biden's shell companies during his tenure as vice president.
Furthermore, the situation escalated with the upcoming testimony of Devon Archer, Hunter Biden's former friend and a former director at Burisma, before the House Oversight Committee. Archer is expected to provide insights into how Hunter Biden put then-Vice President Biden on speakerphone during meetings with foreign business partners on over 20 occasions.
These developments have intensified calls for an impeachment investigation against President Biden in the Republican-controlled House, adding significant political tension to the current situation.
Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices
5/17/2025 11:59 PMMoody’s downgrades US credit rating to Aa1 from Aaa
5/17/2025 4:55 AMYouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos
5/16/2025 7:55 PMCEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected
5/16/2025 7:51 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.