Raw: [
- Hunter Biden benefactor Kevin Morris details $6.5M in loans to president’s son NBC News
- Kevin Morris’ loans to Hunter Biden totaled $6.5 million, $1.6 million more than previous estimate CBS News
- Hunter Biden’s ‘sugar bro’ threatens lawsuit against Jonathan Turley Fox News
] {Article Source: https://www.nbcnews.com/politics/congress/hunter-biden-benefactor-kevin-morris-details-65m-loans-presidents-son-rcna135974}
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For an optimal experience visit our site on another browser.SKIP TO CONTENTNBC News LogoIsrael-Hamas War2024 ElectionU.S. NewsPoliticsWorldNBC News TiplineVideoBusinessHealthCulture & trendsShare & Save —My NewsManage ProfileEmail PreferencesSign OutSearchSearchProfile My NewsSign Out Sign InCreate your free profileSectionsMeet the PressU.S. NewsPoliticsWorldLocalBusinessHealthInvestigationsCulture & TrendsScienceSportsTech & MediaVideo FeaturesPhotosWeatherNBC SelectDecision 2024NBC Asian AmericaNBC BLKNBC LatinoNBC OUTtvTodayNightly NewsMSNBCMeet the PressDatelineFeaturedNBC News NowNightly FilmsStay TunedSpecial FeaturesNewslettersPodcastsListen NowMore From NBCCNBCNBC.COMNBCU AcademyPeacockNEXT STEPS FOR VETSNBC News Site MapHelpFollow NBC News news AlertsThere are no new alerts at this timeSearchSearchFacebookTwitterEmailSMSPrintWhatsappRedditPocketFlipboardPinterestLinkedinLatest StoriesIsrael-Hamas War2024 ElectionU.S. NewsPoliticsWorldNBC News TiplineVideoBusinessHealthCulture & trendsHunter BidenHunter Biden's financial benefactor provides Congress details on $6.5M in loans to president's sonNBC News obtained a copy of a letter sent by entertainment attorney Kevin Morris to a GOP committee that specifies the dates, sum and terms of his five loans to Hunter Biden.Hunter Biden and his attorneys Abbe Lowell, right, and Kevin Morris, left, attend the House Oversight and Accountability Committee in the Rayburn Building on Jan. 10, 2024.Tom Williams / CQ-Roll Call via Getty ImagesPrintJan. 27, 2024, 3:59 AM UTCBy Sarah Fitzpatrick, Zoë Richards and Julia JesterHunter Biden received more than $6.5 million in five separate loans over a two-year period from entertainment lawyer Kevin Morris, according to a letter sent this week to one of the congressional committees involved in the GOP impeachment inquiry into President Joe Biden.A copy of Morris’ letter, obtained by NBC News, details the dates, sum, and terms of the loans issued he issued to the president’s son beginning in 2021. Among the loans listed in the letter to the House Oversight Committee was one issued as recently as last month for for $1.2 million to be paid in full by 2028, and any previously accrued and unpaid interest due the following year.The interest rate for all five loans was set at 5%, and was negotiated by separate attorneys, the letter says.A spokesperson for the Oversight panel did not immediately respond to a request for comment Friday night, nor did an attorney for Hunter Biden.The letter comes a week after Morris, a Hollywood-based attorney who met Hunter Biden in 2019, sat for a transcribed interview with the Republican-led committee and discussed loaning the president’s son millions of dollars to pay his tax bills. Committee staff had requested copies of the loan documentation — that has not yet been received by the panel.During nearly six hours of closed-door testimony to staff and members of the House Oversight, Judiciary, and Ways and Means committees last week, Morris provided details about how he met Hunter Biden at a fundraiser for his father’s presidential campaign in 2019. Morris said he was motivated by Hunter Biden’s struggle, not by his father’s candidacy, and discussed loans he issued in direct payments to third parties to cover rent, child support, legal fees to other attorneys, and outstanding tax liabilities for the years 2016 through 2019.House Republicans have targeted Biden in their impeachment inquiry into the president. House Oversight Committee Chairman James Comer, R-Ky., has accused Hunter Biden and other members of the president’s family of engaging in “shady business practices” but has not provided concrete evidence of wrongdoing or influence-peddling by the president.Rob Walker is the latest known associate of the president’s son to sit for a closed-door transcribed interview with the House Oversight and Judiciary panels on Friday morning.Walker told the committees his business pursuits with Hunter Biden were “well within the bounds of legitimate business activities” and that the president was never involved while in office or as a private citizen, according to a copy of his opening statement obtained by NBC News.”To be clear, President Biden — while in office or as a private citizen — was never involved in any of the business activities we pursued. Any statement to the contrary is simply false,” Walker said. “Hunter made sure there was always a clear boundary between any business and his father. Always. And as his partner, I always understood and respected that boundary.”After initially defying a congressional subpoena that requested a closed-door deposition, Hunter Biden is expected to appear for a closed-door deposition with the House Oversight and Judiciary panels on Feb. 28.He is also facing federal charges in two separate cases. Biden was indicted in California last month on nine tax-related charges, including three felony counts, and later pleaded not guilty. He has also pleaded not guilty to a separate indictment on federal gun charges.Sarah FitzpatrickSarah Fitzpatrick is a senior investigative producer and story editor for NBC News. She previously worked for CBS News and “60 Minutes.” Zoë RichardsZoë Richards is the evening politics reporter for NBC News.Julia JesterJulia Jester is a producer for NBC News based in Washington, D.C.AboutContactHelpCareersAd ChoicesPrivacy PolicyDo Not Sell My Personal InformationCA NoticeTerms of Service (Updated JULY 7, 2023)NBC News SitemapClosed CaptioningAdvertiseSelect ShoppingSelect Personal Finance© 2024 NBC UNIVERSALNBC News LogoMSNBC LogoToday Logo{Article Source: https://www.nbcnews.com/news/rcna135974}
IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTNBC News LogoIsrael-Hamas War2024 ElectionU.S. NewsPoliticsWorldNBC News TiplineVideoBusinessHealthCulture & trendsShare & Save —My NewsManage ProfileEmail PreferencesSign OutSearchSearchProfile My NewsSign Out Sign InCreate your free profileSectionsMeet the PressU.S. NewsPoliticsWorldLocalBusinessHealthInvestigationsCulture & TrendsScienceSportsTech & MediaVideo FeaturesPhotosWeatherNBC SelectDecision 2024NBC Asian AmericaNBC BLKNBC LatinoNBC OUTtvTodayNightly NewsMSNBCMeet the PressDatelineFeaturedNBC News NowNightly FilmsStay TunedSpecial FeaturesNewslettersPodcastsListen NowMore From NBCCNBCNBC.COMNBCU AcademyPeacockNEXT STEPS FOR VETSNBC News Site MapHelpFollow NBC News news AlertsThere are no new alerts at this timeSearchSearchFacebookTwitterEmailSMSPrintWhatsappRedditPocketFlipboardPinterestLinkedinLatest StoriesIsrael-Hamas War2024 ElectionU.S. NewsPoliticsWorldNBC News TiplineVideoBusinessHealthCulture & trendsHunter BidenHunter Biden's financial benefactor provides Congress details on $6.5M in loans to president's sonNBC News obtained a copy of a letter sent by entertainment attorney Kevin Morris to a GOP committee that specifies the dates, sum and terms of his five loans to Hunter Biden.Hunter Biden and his attorneys Abbe Lowell, right, and Kevin Morris, left, attend the House Oversight and Accountability Committee in the Rayburn Building on Jan. 10, 2024.Tom Williams / CQ-Roll Call via Getty ImagesPrintJan. 27, 2024, 3:59 AM UTCBy Sarah Fitzpatrick, Zoë Richards and Julia JesterHunter Biden received more than $6.5 million in five separate loans over a two-year period from entertainment lawyer Kevin Morris, according to a letter sent this week to one of the congressional committees involved in the GOP impeachment inquiry into President Joe Biden.A copy of Morris’ letter, obtained by NBC News, details the dates, sum, and terms of the loans issued he issued to the president’s son beginning in 2021. Among the loans listed in the letter to the House Oversight Committee was one issued as recently as last month for for $1.2 million to be paid in full by 2028, and any previously accrued and unpaid interest due the following year.The interest rate for all five loans was set at 5%, and was negotiated by separate attorneys, the letter says.A spokesperson for the Oversight panel did not immediately respond to a request for comment Friday night, nor did an attorney for Hunter Biden.The letter comes a week after Morris, a Hollywood-based attorney who met Hunter Biden in 2019, sat for a transcribed interview with the Republican-led committee and discussed loaning the president’s son millions of dollars to pay his tax bills. Committee staff had requested copies of the loan documentation — that has not yet been received by the panel.During nearly six hours of closed-door testimony to staff and members of the House Oversight, Judiciary, and Ways and Means committees last week, Morris provided details about how he met Hunter Biden at a fundraiser for his father’s presidential campaign in 2019. Morris said he was motivated by Hunter Biden’s struggle, not by his father’s candidacy, and discussed loans he issued in direct payments to third parties to cover rent, child support, legal fees to other attorneys, and outstanding tax liabilities for the years 2016 through 2019.House Republicans have targeted Biden in their impeachment inquiry into the president. House Oversight Committee Chairman James Comer, R-Ky., has accused Hunter Biden and other members of the president’s family of engaging in “shady business practices” but has not provided concrete evidence of wrongdoing or influence-peddling by the president.Rob Walker is the latest known associate of the president’s son to sit for a closed-door transcribed interview with the House Oversight and Judiciary panels on Friday morning.Walker told the committees his business pursuits with Hunter Biden were “well within the bounds of legitimate business activities” and that the president was never involved while in office or as a private citizen, according to a copy of his opening statement obtained by NBC News.”To be clear, President Biden — while in office or as a private citizen — was never involved in any of the business activities we pursued. Any statement to the contrary is simply false,” Walker said. “Hunter made sure there was always a clear boundary between any business and his father. Always. And as his partner, I always understood and respected that boundary.”After initially defying a congressional subpoena that requested a closed-door deposition, Hunter Biden is expected to appear for a closed-door deposition with the House Oversight and Judiciary panels on Feb. 28.He is also facing federal charges in two separate cases. Biden was indicted in California last month on nine tax-related charges, including three felony counts, and later pleaded not guilty. He has also pleaded not guilty to a separate indictment on federal gun charges.Sarah FitzpatrickSarah Fitzpatrick is a senior investigative producer and story editor for NBC News. She previously worked for CBS News and “60 Minutes.” Zoë RichardsZoë Richards is the evening politics reporter for NBC News.Julia JesterJulia Jester is a producer for NBC News based in Washington, D.C.AboutContactHelpCareersAd ChoicesPrivacy PolicyDo Not Sell My Personal InformationCA NoticeTerms of Service (Updated JULY 7, 2023)NBC News SitemapClosed CaptioningAdvertiseSelect ShoppingSelect Personal Finance© 2024 NBC UNIVERSALNBC News LogoMSNBC LogoToday Logo