President Joe Biden dismissed the House Republicans' impeachment inquiry, suggesting it is an attempt to shut down the government. House Minority Leader Kevin McCarthy initiated the inquiry over allegations regarding Biden's son's business dealings. The White House denies any wrongdoing, and Republicans have not found substantial evidence. Senate Republicans have expressed skepticism, but some see legitimate questions raised by the evidence. Democrats are expected to oppose Republican efforts, while moderate Republicans generally support the inquiry. Some Republicans are focused on government funding and are offered private briefings. McCarthy may struggle to fulfill demands for total spending commitment.
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00:00 It's Benzinga and here's what's on the block.
00:02 - President Joe Biden dismissed the House's Republicans
00:05 impeachment inquiry, suggesting it is an attempt
00:08 to shut down the government.
00:09 House Minority Leader Kevin McCarthy initiated the inquiry
00:12 over allegations regarding Biden's son's business dealings.
00:16 The White House denies any wrongdoing
00:18 and Republicans have not found substantial evidence.
00:21 Senate Republicans have expressed skepticism,
00:23 but some see legitimate questions raised by the evidence.
00:27 Democrats are expected to oppose Republican efforts,
00:30 while moderate Republicans generally support the inquiry.
00:33 Some Republicans are focused on government funding
00:35 and are all for private briefings.
00:37 McCarthy may struggle to fulfill demands
00:39 for total spending commitment.
00:41 - For all things money, visit Benzinga.com.