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House Speaker Kevin McCarthy announces formal impeachment inquiry against President Biden

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House Speaker Kevin McCarthy on Tuesday said House Republicans have "uncovered serious and credible allegations into President Biden's conduct" that will serve as the basis of an impeachment inquiry.

McCarthy gave a statement at the Capitol Tuesday detailing allegations of "abuse of power, obstruction and corruption" by Biden. He announced that Republicans would open an official impeachment inquiry into the president.

"Through our investigations, we have found that President Biden did lie to the American people about his own knowledge of his family's foreign business dealings. Eyewitnesses have testified that the president joined on multiple phone calls and had multiple interactions, dinners resulted in cars and millions of dollars into his sons and his son's business partners," McCarthy said.

Earlier, Fox News Digital confirmed that McCarthy will tell House Republicans today that beginning an impeachment inquiry against Biden is the "logical next step" for their investigations. An inquiry is the first step of the impeachment process, where evidence is gathered for the articles, or charges, of impeachment against an official.
 
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