![]() While there are some exceptions, for example loans of $10,000 or less, the payment in question would not appear exempt from such requirements if it is a loan. As you may know, the Internal Revenue Code has specific requirements for delineating and reporting ‘below-market loans” from gifts. “If Joe Biden did personally loan James Biden an amount that was later repaid by the $200,000 check, please provide the loan documents, including the loan payment, loan agreement, and any other supporting loan documentation. Chairman Comer also emphasizes that whether or not the $200,000 check to Joe Biden was a loan repayment, Joe Biden benefited from his family cashing in on the Biden name. Its goals are to eliminate Hamas and its military capabilities and to ensure the return of all the hostages captured by the group during its October attack.WASHINGTON-House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today is calling on President Biden to provide information about the $200,000 check he received from his brother, James Biden, which was labeled as a “loan repayment.” In a letter to White House Counsel Edward Siskel, Chairman Comer calls for loan documents and documentation that all applicable IRS filings were properly made. Israel says it is not intentionally targeting civilians and that it gives warnings before it attacks certain areas. Palestinians in Gaza say they have "nowhere to go" to escape the bombings, and the World Health Organization warns that Gaza's health system has collapsed and disease is spreading among the population. The northern half of Gaza has been decimated, with Israeli forces now moving their ground offensive into the southern half of the enclave, after 1.1 million residents of the north evacuated south on the Israeli military's orders. The White House did not immediately reply to a CNBC request for comment, but spokesperson previously told CNBC that "Israel has the right to defend itself in compliance with international law, including international humanitarian law, especially as Hamas terrorists have said that what happened on October 7th 'will happen again and again and again' until Israel is annihilated." Weeks later, the first aid trucks were able to enter the Strip, but the provisions that have made it in so far are woefully inadequate, according to the United Nations. Israel declared a siege of the already blockaded territory shortly after the Hamas attacks, cutting off all water, food and fuel to Gaza. ![]() 7, more than 16,200 people have been killed in Gaza, including more than 10,000 women and children, according to Hamas-run health authorities there. If it wants to support a stable world order based on rule of law, it has to demand everybody respect international law, whether friend or foe," Fahmy, who served as minister between 20, told CNBC in an interview. needs to take a serious look at its role. is "losing a tremendous amount of credibility in the Arab world." foreign policy."īut the administration officials hold to the position that Israel "has the right to defend itself," which critics see as continuing to give Israel carte blanche in its military operations.Ī former Egyptian foreign affairs minister, Nabil Fahmy, said last month that the U.S. "But it shows just how challenging this war continuing is going to be for U.S. "Biden is probably as isolated on the global stage, given how close he is to Israel, closest ally of the United States on this issue, as the Russians were when they first invaded Ukraine, which is a shocking thing to say," Bremmer, the high-profile geopolitical commentator, told CNBC Tuesday. were often the only countries or among a very small minority voting "against." Protests in major cities, including across Europe and the U.S., in support of Palestinians and demanding a cease-fire have made global headlines.ĭuring multiple United Nations General Assembly votes calling for cease-fires, Israel and the U.S. already provides Israel some $3.1 billion annually in military aid, making it the largest recipient of American foreign aid in the world.īut in the ensuing days and weeks, the enormous and disproportionate scale of Palestinian deaths in Gaza caused by Israeli airstrikes and ground offensive operations raised anger in many parts of the world at both Israel and Biden, particularly in the Global South. 7 by the Palestinian militant group Hamas that killed some 1,200 people and took more than 240 hostages, Biden flew to the country in a show of solidarity, pledging billions of dollars in military support. ![]() When Israel suffered a brutal terrorist attack on Oct. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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