Hunter Biden benefactor Kevin Morris details $6.5M in loans to president's son
Hunter Biden received more than $6.5 million in five separate loans over a two-year period from entertainment lawyer Kevin Morris, according to a letter sent this week to one of the congressional committees involved in the GOP impeachment inquiry into President Joe Biden.
Hunter Biden received more than $6.5 million in five separate loans over a two-year period from entertainment lawyer Kevin Morris, according to a letter sent this week to one of the congressional committees involved in the GOP impeachment inquiry into President Joe Biden.
A copy of Morris’ letter, obtained by NBC News, details the dates, sum and terms of the loans he issued to the president’s son beginning in 2021. Among the loans listed in the letter to the House Oversight Committee was one issued as recently as last month for for $1.2 million to be paid in full by 2028, and any previously accrued and unpaid interest due the following year.
The interest rate for all five loans was set at 5%, and was negotiated by separate attorneys, the letter says.
A spokesperson for the Oversight panel did not immediately respond to a request for comment Friday night, nor did an attorney for Hunter Biden.
The letter comes a week after Morris, a Hollywood-based attorney who met Hunter Biden in 2019, sat for a transcribed interview with the Republican-led committee and discussed lending the president’s son millions of dollars to pay his tax bills. Committee staff had requested copies of the loan documentation — which has not yet been received by the panel.
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