Rep. James Comer, who is leading the House Republicans' impeachment investigation of Joe Biden, has focused on the Biden family’s use of “shell companies.”
Interviews and records reviewed by The Associated Press provide new insights into the financial deal, which risks undercutting the force of some of Comer’s central arguments in his impeachment inquiry of President Joe Biden.
In particular, Comer has attacked some Biden family members, including the president’s son Hunter, over their use of shell companies that appear designed to obscure millions of dollars in earnings they received from shadowy middlemen and foreign interests.
But as Comer works to “deliver the transparency and accountability that the American people demand” through the GOP’s investigation, his own finances and relationships have begun to draw notice, too, including his ties to prominent local figures who have complicated pasts not all that dissimilar to some of those caught up in his Biden probe.
The AP found that Farm Team Properties functions in a similarly opaque way as the companies used by the Bidens, masking his stake in the land that he co-owns with the donor from being revealed on his financial disclosure forms.
“It seems pretty clear to me that he should be disclosing the individual land assets that are held by” the shell company, said Delaney Marsco, a senior attorney who specializes in congressional ethics at the nonpartisan Campaign Legal Center in Washington.
Comer created the company in 2017 to hold his stake in the six acres that he purchased two years earlier in a joint venture with Cleary, a campaign contributor and construction contractor from Monroe County, Kentucky, where the congressman was born and raised.
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Interviews and records reviewed by The Associated Press provide new insights into the financial deal, which risks undercutting the force of some of Comer’s central arguments in his impeachment inquiry of President Joe Biden.
In particular, Comer has attacked some Biden family members, including the president’s son Hunter, over their use of shell companies that appear designed to obscure millions of dollars in earnings they received from shadowy middlemen and foreign interests.
But as Comer works to “deliver the transparency and accountability that the American people demand” through the GOP’s investigation, his own finances and relationships have begun to draw notice, too, including his ties to prominent local figures who have complicated pasts not all that dissimilar to some of those caught up in his Biden probe.
The AP found that Farm Team Properties functions in a similarly opaque way as the companies used by the Bidens, masking his stake in the land that he co-owns with the donor from being revealed on his financial disclosure forms.
“It seems pretty clear to me that he should be disclosing the individual land assets that are held by” the shell company, said Delaney Marsco, a senior attorney who specializes in congressional ethics at the nonpartisan Campaign Legal Center in Washington.
Comer created the company in 2017 to hold his stake in the six acres that he purchased two years earlier in a joint venture with Cleary, a campaign contributor and construction contractor from Monroe County, Kentucky, where the congressman was born and raised.
The original article contains 1,925 words, the summary contains 251 words. Saved 87%. I’m a bot and I’m open source!