“We know the bank records show that nearly $20 million in payments were directed to the Biden family members and associates through various shell companies.”
What PolitiFact found
Financial records show a little less than $20 million in payments, but $14 million went to associates, while $5 million went to Biden family members. The bank records do not prove Joe Biden engaged in wrongdoing.
Their words, from the summary they publish with the rating.
In short
Kevin McCarthy (House Speaker) made this claim around 12 September 2023. PolitiFact (United States) looked into it and published its finding on 18 September 2023, 6 days later. Its rating was “Half True”.
Kevin McCarthy has 34 checked claims in this archive. Fact-checking organisations rated 20 of them false or fake, 9 misleading or mixed and 1 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.