James Biden testifies controversial loan repayments were legitimate despite lacking documentation

James Biden addressed in an interview with Congress a pair of high-dollar loans he received from President Joe Biden, his brother, saying they were not memorialized on paper but that they were still aboveboard, innocent financial exchanges between family members.

Joe Biden lent his brother the money in 2017 and 2018, and James Biden testified during a recent interview with the House Oversight and Judiciary Committees that the two loans were for “outstanding bills,” according to a transcript the committees published Friday.

The pair of loans have been a source of scrutiny from House Republicans during their impeachment inquiry into Joe Biden, which they launched to examine whether the president used his political influence for his and his family members’ personal profit.

James Biden said he repaid the two loans in the form of
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