Joe Biden's Sister Funneled Millions in Campaign Cash to Her Own Company
Campaign manager Valerie Biden Owens paid her consulting firm millions of dollars
Former Vice President Joe Biden's sister, Valerie Biden Owens, funneled millions of dollars from her brother's presidential campaigns to her own consulting company, a bombshell new report has revealed.
Valerie Biden Owens served as the campaign manager for Joe's past presidential runs and oversaw funds for “Citizens for Biden” and “Biden for President Inc.”
During her brother’s 2008 presidential bid alone, Valerie directed $2.5 million to her own consultancy firm from “Citizens for Biden” and “Biden for President Inc.”
The money trail was uncovered in a damning new report by Government Accountability Institute (GAI) President Peter Schweizer.
According to Schweizer, Biden’s political tenure has largely resulted in little-known financial benefits for his family.
A light has recently been shone on the Bidens due to the ongoing scandal involving Joe's son, Hunter Biden, and his business dealings in Ukraine and China while his father was vice president.
Valerie's role as a senior partner in the political messaging firm Slade White & Company coincided with her participation in Biden’s various political campaigns, according to reports.
She was only one of two executives – the other being Joe Slade White – at the firm and has remained the Executive Vice President for 15 years.
However, the lines between her role as leading her brother’s political campaigns and working at the firm blurred, as the firm “received large fees from the Biden campaigns that Valerie was running,” Schweizer reveals:
The firm received large fees from the Biden campaigns that Valerie was running.
Two and a half million dollars in consulting fees flowed to her firm from Citizens for Biden and Biden For President Inc. during the 2008 presidential bid alone.
Keep in mind that Joe Slade White & Company worked for Biden campaigns over eighteen years.
The report demonstrates a pattern, as Schweizer shows, of the complex, albeit largely unknown, dynamics of the Biden family and the financial benefits reaped, which purportedly stem from the presidential hopeful’s varying positions in government throughout his life.
“These are not a few disparate enterprises, but rather moneymaking ventures that appear to be part of a well-organized family business,” Schweizer details.
Biden has previously denied, particularly on the campaign trail, the allegations that his family members have cashed out in various ways over the course of his political career.
“I’ve never discussed with my son or my brother, or anyone else anything having to do with their businesses, period,” Biden told reporters in August 2019 amid further allegations of his family members using his political leverage for personal gain.
“As we will see, this is an impossibility," Schweizer states.
Biden will continue to face mounting questions surrounding the benefits his family reaped as a result of his political influence as the Iowa caucuses kick off the Democrat primary election next week.
While he is thought by some to be the Democrat party frontrunner, the RealClearPolitics average shows Sen. Bernie Sanders (I-VT) slowly closing the gap.
The socialist Sanders has overtaken him in key early state polls over the last week.