The Biden family’s once-lucrative financial empire is reportedly crumbling as their access to political power evaporates, leaving them scrambling for new income sources amid whispers of financial ruin.
Key Insights
- According to sources, the Biden family is facing severe financial constraints now that they no longer have access to the White House and its influence opportunities
- The alleged “Biden Inc.” business model appears to have been heavily dependent on selling access and influence rather than legitimate business activities
- Joe Biden’s potential earnings from traditional post-presidency activities like paid speeches and book deals may be significantly diminished compared to expectations
- House Oversight Committee investigations claim substantial evidence linking Joe Biden directly to family influence-peddling operations during and after his vice presidency
The Collapse of “Biden Inc.”
Political insiders are reporting that the Biden family is experiencing significant financial difficulties now that their political influence has waned. According to reporting from PJ Media, veteran political analyst Mark Halperin made the stunning claim that the family’s financial situation has deteriorated dramatically. The primary cause appears to be the collapse of what critics have long alleged was an influence-peddling operation that depended on Joe Biden’s political position to generate income for family members.
Sources Say the Biden Crime Family Is Going Brokehttps://t.co/geDMf8jwOe
— PJ Media (@PJMedia_com) May 8, 2025
“I talked to someone very familiar with the Bidens, and I think they’ve pointed out something that I’m gonna say now, that to me, is the explanation, or at least part of the explanation, which is Biden Inc. has collapsed,” said Mark Halperin.
Former Trump White House Press Secretary Sean Spicer was more blunt in his assessment, reportedly stating simply, “The grift is over.” This coincides with reports that Joe Biden has hired a former Pentagon spokesperson in an apparent effort to rehabilitate his public image. The move suggests increasing desperation to secure future income sources as traditional post-presidency opportunities appear less lucrative than initially anticipated.
Extensive Evidence of Influence Operations
The House Oversight Committee has published extensive documentation they claim shows Joe Biden’s direct involvement in family influence-peddling schemes. According to their investigation, Devon Archer, a former Biden business associate, described Joe Biden as “The Brand” that was being marketed to foreign business interests. The committee alleges that Biden participated in at least 20 speakerphone calls with Hunter Biden’s foreign business associates.
The evidence presented by the committee includes allegations that Joe Biden dined with Russian and Kazakh oligarchs connected to Hunter Biden’s business ventures in 2014. Additional documents suggest Biden used the pseudonym “Robert L. Peters” in communications involving Hunter Biden and Ukrainian energy company Burisma. These activities reportedly occurred while Biden was Vice President, raising serious questions about potential conflicts of interest.
Financial Motivations Behind Political Decisions
Some analysts are now suggesting that financial considerations may have played a role in Biden’s earlier decision to seek a second term as president. With the family’s business model allegedly built around selling influence and access, maintaining political power would have been crucial for their financial wellbeing. Emails referenced in House Oversight documents suggest Joe Biden was positioned to receive a percentage of deals with Chinese companies.
“There’s a story in Politico today that says they’ve hired the former Pentagon spokesperson to manage the Biden comeback,” said Mark Halperin.
Hunter Biden’s business interests appear to have been deeply intertwined with his father’s political position. The House Oversight Committee claims Hunter was allowed to travel on Air Force Two for business purposes during Joe Biden’s vice presidency. Additionally, they report that Hunter’s business associates visited the White House over 80 times during that period, suggesting an unusually close relationship between government access and private business interests.
Future Financial Prospects
Unlike many former presidents, Biden’s opportunities for lucrative speaking engagements, book deals, and corporate board positions appear limited. The conventional paths to post-presidency wealth may be hampered by ongoing investigations and controversies surrounding the family’s business dealings. Reports suggest Biden may struggle to secure the high-paying speaking engagements that have enriched other former presidents.
The House Oversight Committee continues to investigate the Biden family’s financial dealings, particularly focusing on alleged payments from foreign entities. Their published evidence includes claims that Hunter Biden referred to Joe Biden as his business partner in emails and that Hunter demanded money from Chinese associates while implying his father’s involvement. These ongoing investigations may further complicate the family’s financial recovery efforts.
Sources:
- Biden Committed ‘Impeachable Conduct’ to Further Family Influence-Peddling Scheme, House Republicans Allege in Final Report | National Review
- Sources Say the Biden Crime Family Is Going Broke – PJ Media
- Evidence of Joe Biden’s Involvement in His Family’s Influence Peddling Schemes – United States House Committee on Oversight and Accountability
