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

FIRST ON FOX: Home Democrats acknowledged Wednesday that Hunter Biden’s then-business companion, Eric Schwerin, dealt with President Biden’s funds at some stage in his vice presidency.

A spokesperson for the Democrat minority of the Home Committee on Oversight and Accountability advised Fox Information Digital that Schwerin, the previous president of Hunter’s Rosemont Seneca Advisors and a frequent customer to the Obama-Biden White Home, 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, defined that he was not conscious of any transactions into or out of the then-Vice President’s checking account associated to enterprise performed by any Biden member of the family,” the spokesperson stated in a press release.

The assertion got here after Fox Information Digital inquired a few part of the White Home’s prolonged memo to the media on Wednesday because it scrambles to reply to Home Republicans’ impeachment inquiry into President Biden.


Schwerin and the Bidens split image

Eric Schwerin, left, Joe Biden and Hunter Biden (Fox Information / File)

The White Home issued a memo that urged information shops to ramp up scrutiny of the impeachment inquiry introduced Tuesday by Home Speaker Kevin McCarthy, who stated Home Republicans have “uncovered severe and credible allegations into President Biden’s conduct.”

The White Home memo included a 14-page fact-check of Republicans’ claims made all through the Biden investigation with regard to the president’s purported position in his son’s overseas enterprise dealings and whether or not the Biden household used the previous vp’s public workplace for private revenue.

“Republicans’ personal witnesses corresponding to Eric Schwerin, a former enterprise affiliate of Hunter Biden, stated President Biden was not concerned of their enterprise dealings,” the White Home stated on web page 13 of the memo.

“’In a March 2023 interview with Republican and Democratic Committee workers, Mr. Schwerin advised Committee workers he was not conscious of any involvement by President Biden within the monetary conduct of the President’s relations’ companies, a lot much less any transactions into or out of the then-Vice President’s checking account associated to enterprise performed by any Biden member of the family,’” the White Home continued, citing a paragraph from the Oversight Democrats’ memo in Might.

An individual acquainted with Schwerin’s position in dealing with then-Vice President Biden’s funds advised Fox Information Digital that Schwerin labored on Biden’s private price range and helped coordinate along with his tax preparers.

The person additionally pointed to the frequency of Schwerin’s communications with Biden and his prime aides and stated it was “inevitable” Rosemont Seneca enterprise got here up in conversations.

Joe and Hunter Biden

Joe and Hunter Biden (AP Photograph / Andrew Harnik / File)


A Home Oversight spokesperson for the Republican majority advised Fox Information Digital that the committee “by no means interviewed Schwerin” as claimed by committee Democrats and later by the White Home.

“That is false,” the spokesperson stated. “The Committee by no means interviewed Schwerin. There was a gathering however it was about doc manufacturing. There has by no means been a transcribed interview or deposition.”

The committee Democrats spokesperson fired again in a press release to Fox Information Digital, saying Schwerin, who Hunter beforehand admitted was a “shut confidant and counsel” of then-Vice President Biden, was certainly interviewed by committee workers for a number of 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 assertion continued. “Majority and Minority workers had equal time and switched off asking Mr. Schwerin questions on his relationship with Hunter Biden, in addition to the historical past, construction, and actions of Hunter Biden’s enterprise entities, to which Mr. Schwerin responded.”

Eric Schwerin

Longtime Hunter Biden enterprise companion Eric Schwerin has been named in lots of articles about Hunter Biden’s overseas enterprise dealings. (Eric Schwerin / Fb screenshot)

Schwerin’s lawyer, nonetheless, advised Fox Information Digital that Schwerin was not technically a “bookkeeper” to the then-VP however relatively he merely assisted the then-VP along with his funds.

Fox Information Digital has beforehand reported on Schwerin’s intensive ties to the Biden household, each private {and professional}, and the way he was instrumental in Hunter increasing his enterprise in China.

Peter Schweizer, the president of Authorities Accountability Institute and an professional on Hunter’s enterprise dealings, advised “Sunday Morning Futures” host Maria Bartiromo final month that “Eric Schwerin was the cash man” in Hunter’s enterprise ventures.


Schwerin, who visited the Obama White Home and then-Vice President Biden’s residence at the least 36 occasions between 2009 and 2016, was additionally a founding companion and managing director of Hunter’s now-dissolved agency Rosemont Seneca Companions. He was working with Hunter’s companies when he was appointed in early 2015 by then-President Obama to the Fee for the Preservation of America’s Heritage Overseas, an unbiased U.S. authorities company.

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 virtually each side of our monetary life.”

The White Home didn’t reply to Fox Information Digital’s request for remark.

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