Biden Got $250,000 Line Of Credit Before Docs Scandal Broke

  • President Joe Biden took out a $250,000 line of credit on his Delaware beach house in December, it was revealed Friday, in a move that gave him the ability to tap resources as the feds began a classified documents probe.
  • The mortgage, a home equity line of credit, allows Biden to tap equity built up in his $2.74 million beach house in Rehoboth, Delaware.  It is a family retreat that he and first lady Jill Biden purchased after he left the vice presidency.
  • The FBI this week searched the home as part of the special counsel’s documents investigation. No additional classified materials were found, according to a statement released by the president’s lawyer.
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