White House refuses to say why Joe Biden quietly secured $250,000 in home equity

Karin Jean-Pierre declined to say Wednesday why Joe Biden secured a $250,000 credit against her Rehoboth Beach home.

Joe Biden quietly took a $250,000 lien against his Rehoboth Beach home in December amid his classified documents scandal.

Biden took out the line of credit while his son Hunter was under federal criminal investigation.

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Biden documents obtained by Fox News

“Biden acquired a six-figure home equity variable rate line of credit from M&T Bank on Dec. 5, 2022, Sussex County filings show. Biden and his wife, First Lady Jill Biden, initially bought the home in 2017 for $2.74 million, according to county records.” Fox News reported.

KJP hosted a press gaggle aboard Air Force One on Wednesday as Biden headed to Dane County, Wisconsin.

A reporter asked Karin Jean-Pierre what a home equity line of credit was for.

“The president took out a $250,000 line of credit on his home in Rehobo late last year. Can you say what it was for?” a journalist asked the KJP.

“Yes, I have seen reports on that. I’ll just refer you to the White House counsel’s office,” Jean-Pierre said.