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Yesterday, House Speaker Kevin McCarthy (R-CA) announced a formal impeachment inquiry into President Biden over allegations of corruption, representing an escalation of ongoing House investigations into the business dealings of Biden's son Hunter.
đ¤ What are the allegations?... Republicans have been looking into whether Joe Biden played a role in, or benefited from, Hunter Bidenâs overseas business affairs.
In testimony before the House in July, an IRS whistleblower alleged the ongoing DOJ investigation into Hunter found members of the Biden family (not including Joe Biden) received a combined ~$17 million from foreign business dealings in Ukraine, Romania, and China from 2014 to 2019.
đ On the flip side: The White House maintains that President Biden wasnât involved in his sonâs business affairs and hasn't done anything wrong, saying House Republicans have failed to turn up any evidence connecting Biden to foreign payments despite nine months of investigations.
đ Looking ahead⌠McCarthyâs announcement is the first move in a political process that could eventually see articles of impeachment filed against President Biden and taken to the House for a full vote â though impeachment inquiries can also end without bringing any formal charges.
It's unclear whether Republicans would have the 218 House votes needed to impeach Biden. But if they do, the process would then head to the evenly-divided Senate, where a two-thirds majority is required to convict Biden and remove him from office.
đ Flash poll: Do you agree with House Speaker McCarthyâs decision to launch an impeachment inquiry into President Biden?
âď¸đ This week, a federal judge in DC will begin considering arguments in the US governmentâs first monopoly trial of the modern internet era, which involves a Justice Department lawsuit against Google.
âď¸đłď¸ A left-leaning watchdog group filed a lawsuit in Colorado seeking to remove former President Trump from the GOP primary ballot, citing the US Constitutionâs ban on insurrectionists holding public office.
đď¸đ This fiscal year, the US federal deficit is expected to roughly double from 2022 to reach $2T, per new projections from the nonpartisan Committee for a Responsible Federal Budget.
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