Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Oversight Dems admit Hunter’s longtime business partner handled Biden’s finances throughout VP tenure

by September 15, 2023
September 15, 2023
Oversight Dems admit Hunter’s longtime business partner handled Biden’s finances throughout VP tenure

FIRST ON FOX: House Democrats acknowledged Wednesday that Hunter Biden’s then-business partner, Eric Schwerin, handled President Biden’s finances for the duration of his vice presidency.

A spokesperson for the Democrat minority of the House Committee on Oversight and Accountability told Fox News Digital that Schwerin, the former president of Hunter’s Rosemont Seneca Advisors and a frequent visitor to the Obama-Biden White House, served as then-Vice President Biden’s ‘bookkeeper’ from 2009 to 2017.

‘Notably, Mr. Schwerin, who served as then-Vice President Biden’s bookkeeper from 2009 to 2017, explained that he was not aware of any transactions into or out of the then-Vice President’s bank account related to business conducted by any Biden family member,’ the spokesperson said in a statement.

The statement came after Fox News Digital inquired about a section of the White House’s lengthy memo to the media on Wednesday as it scrambles to respond to House Republicans’ impeachment inquiry into President Biden.

The White House issued a memo that urged news outlets to ramp up scrutiny of the impeachment inquiry announced Tuesday by House Speaker Kevin McCarthy, who said House Republicans have ‘uncovered serious and credible allegations into President Biden’s conduct.’

The White House memo included a 14-page fact-check of Republicans’ claims made throughout the Biden investigation with regard to the president’s purported role in his son’s foreign business dealings and whether the Biden family used the former vice president’s public office for personal profit.

‘Republicans’ own witnesses such as Eric Schwerin, a former business associate of Hunter Biden, said President Biden was not involved in their business dealings,’ the White House said on page 13 of the memo.

‘’In a March 2023 interview with Republican and Democratic Committee staff, Mr. Schwerin told Committee staff he was not aware of any involvement by President Biden in the financial conduct of the President’s relatives’ businesses, much less any transactions into or out of the then-Vice President’s bank account related to business conducted by any Biden family member,’’ the White House continued, citing a paragraph from the Oversight Democrats’ memo in May.

A person familiar with Schwerin’s role in handling then-Vice President Biden’s finances told Fox News Digital that Schwerin worked on Biden’s personal budget and helped coordinate with his tax preparers.

The individual also pointed to the frequency of Schwerin’s communications with Biden and his top aides and said it was ‘inevitable’ Rosemont Seneca business came up in conversations.

A House Oversight spokesperson for the Republican majority told Fox News Digital that the committee ‘never interviewed Schwerin’ as claimed by committee Democrats and later by the White House.

‘This is false,’ the spokesperson said. ‘The Committee never interviewed Schwerin. There was a meeting but it was about document production. There has never been a transcribed interview or deposition.’

The committee Democrats spokesperson fired back in a statement to Fox News Digital, saying Schwerin, who Hunter previously admitted was a ‘close confidant and counsel’ of then-Vice President Biden, was indeed interviewed by committee staff for multiple hours on March 31, 2023, following a request from Comer.

‘In written correspondence to the Committee, Mr. Schwerin’s counsel described this as a ‘non-transcribed interview,’’ the statement continued. ‘Majority and Minority staff had equal time and switched off asking Mr. Schwerin questions about his relationship with Hunter Biden, as well as the history, structure, and activities of Hunter Biden’s business entities, to which Mr. Schwerin responded.’

Schwerin’s lawyer, however, told Fox News Digital that Schwerin was not technically a ‘bookkeeper’ to the then-VP but rather he simply assisted the then-VP with his finances.

Fox News Digital has previously reported on Schwerin’s extensive ties to the Biden family, both personal and professional, and how he was instrumental in Hunter expanding his enterprise in China.

Peter Schweizer, the president of Government Accountability Institute and an expert on Hunter’s business dealings, told ‘Sunday Morning Futures’ host Maria Bartiromo last month that ‘Eric Schwerin was the money guy’ in Hunter’s business ventures.

Schwerin, who visited the Obama White House and then-Vice President Biden’s residence at least 36 times between 2009 and 2016, was also a founding partner and managing director of Hunter’s now-dissolved firm Rosemont Seneca Partners. He was working with Hunter’s firms when he was appointed in early 2015 by then-President Obama to the Commission for the Preservation of America’s Heritage Abroad, an independent U.S. government agency.

Hunter’s ex-wife, Kathleen Buhle, who was married to the president’s son from 1993 to 2017, revealed in a memoir in June 2022 that Schwerin ‘managed almost every aspect of our financial life.’

The White House did not respond to Fox News Digital’s request for comment.

Jessica Chasmar is a digital writer on the politics team for Fox News and Fox Business. Story tips can be sent to Jessica.Chasmar@fox.com.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
GOP senators demand answers on CIA whistleblower allegations of COVID-19 origins
next post
NRA gets unanimous GOP backing in suit to dismantle governor’s ‘unlawful’ gun order

You may also like

Chris Sununu says he will decide on 2024...

May 29, 2023

Montana Sen. Tester gives update after airspace shut...

February 13, 2023

House Intel Chair Turner brings Biden’s alleged mishandling...

September 29, 2023

Gov. Sarah Huckabee Sanders bans ‘Latinx’ from Arkansas...

January 11, 2023

OpenAI CEO Sam Altman reveals what he thinks...

May 17, 2023

Jimmy Carter nears the top of America’s ‘Most...

December 30, 2024

Russian official cites Islamic ‘sleeper cells’ as death...

June 24, 2024

BREAKING: Katie Hobbs Owes Kari Lake a HUGE...

October 28, 2022

EXCLUSIVE: Jubilant Mike Johnson claims victory as Florida...

April 2, 2025

Trump says Iran must ditch ‘concept of a...

April 14, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs

      June 7, 2025
    • Trump announces China will restart rare earth mineral shipments to US after productive call

      June 7, 2025
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,558)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved