Republicans involved in the investigation of Biden's international business deals have stated that the findings could include up to $50 million dollars.

The latest claims would be far more than the current amount noted in bank records by the GOP-led House Oversight Committee.

While this is truly bad, unfortunate and illegal as well as corrupt, I’m far more concerned with 110 billion American taxpayers dollars sent to Ukriane. GOP Predicts Biden ‘Organized Crime Ring’ Received $50M, $30M More than Shown https://t.co/VWmjMlrHda

— Lady Tigress “Those were the days my friend” (@LadyConstance8) September 23, 2023

The claim

“Based on the evidence I’ve seen so far, I think the number is going to be north of $50 million that we’re talking about here,” Rep. Nancy Mace (R-SC) told Fox News.

“This will go down as one of the most politically corrupt presidents and families in U.S. history,” Mace added. “And we’ve got to show and prove it to the American people. We’ve got to show them everything that we have," she added.

Oversight Committee Intends to Subpoena Hunter, James Biden’s Bank Records as Early as This Week ⁦@realDonaldTrump⁩ ⁦@Jim_Jordan⁩ ⁦@RepMattGaetz⁩ ⁦@NEWSMAX⁩ ⁦@FoxNews⁩ ⁦@TuckerCarlson⁩ https://t.co/TaIX50jte0

— John Holywell (@holywell_john) September 19, 2023

Biden's brother

The news also comes as the committee plans to subpoena the president's brother, James Biden, over his alleged connections in the international business deals while Joe Biden served as vice president.

"The committee planned to subpoena the Bidens since it launched its investigation in November 2022. It did not issue subpoenas sooner because the committee insisted on practicing restraint to 'show good faith,'" Breitbart News reported.

"Hunter Biden denied the committee’s request for bank documents and communications in February, claiming the demands lacked a 'legitimate legislative and oversight basis' to request such relevant information," it continued.

BREAKING NEWS: House will hold first Biden impeachment inquiry hearing next Thursday https://t.co/ftM073rSEb

— Fox News (@FoxNews) September 19, 2023

Impeachment inquiry begins

"House Republicans will hold their first impeachment inquiry hearing to investigate allegations of corruption and abuse of power against President Biden next Thursday," Fox News reported.

"[The] hearing will be the first hearing since House Speaker Kevin McCarthy (R-CA) formalized an impeachment inquiry last week. McCarthy directed Comer and House Judiciary Chairman Jim Jordan, R-Ohio, along with Ways & Means Committee Chairman Jason Smith, R-Mo., to lead the investigation," it added.

The committee hopes to conclude the inquiry before the primary season begins early next year, according to the report.

However, even if the House moves forward and approves impeachment, the Democratic-led Senate would vote down the measure.

Instead, the investigation could find criminal activity leading to charges or could help discredit Biden as he seeks reelection next year.