President Joe Biden took out a still-unexplained and strangely timed $250,000 line of credit on his Delaware beach house as investigations into the shady business dealings of his son, Hunter, continue to ramp up, on top of continuing questions about his own looming classified document scandal.
Early last month, it was reported that Biden signed the papers on Dec. 5 for a home equity variable rate line of credit from M&T Bank against his $2.74 million Rehoboth, Delaware, beach house, Fox News reported.
The White House did confirm the loan, but has refused to answer any follow-up questions.
During a session aboard Air Force One last month, Biden press secretary Karine Jean-Pierre was quizzed on the loan directly, but instead of answering, she pawned off the query to another branch of the White House.
The Delaware beach house is the same property that Biden spent more than $500,000 in taxpayer funds building a wall around to protect him from outsiders.
The beach house is also one of the sites recently searched by the FBI after it was shockingly discovered that Biden illegally stored classified government documents in his Wilmington, Delaware, garage and at his former Washington office.
The loan questions come even as serious questions concerning Hunter's shady multimillion-dollar business deals continue to hang around the president's neck and as the Republican-led House of Representatives begins ramping up investigations into his son's finances and taxes.
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