US President Joe Biden has secured a $250,000 line of credit against his house in Rehoboth, Delaware, as his son Hunter faces a a long-running federal tax investigation and amid his own classified documents scandal, Fox News reported on Friday, citing Sussex County records
WASHINGTON (Pakistan Point News / Sputnik - 03rd February, 2023) US President Joe Biden has secured a $250,000 line of credit against his house in Rehoboth, Delaware, as his son Hunter faces a a long-running federal tax investigation and amid his own classified documents scandal, Fox News reported on Friday, citing Sussex County records.
The records show that the contract with M&T bank was signed on December 5.
Biden and his wife bought the house in 2017 for $2.74 million.
It is unclear why Biden sought the line of credit. The White House did not respond to Fox's request for comment.