A new transcript from a key Hunter Biden witness undercuts many of the claims Republicans are making about ā€œBiden corruption.ā€

The House Oversight Committee on Tuesday released the transcript of the testimony of Kevin Morris, a friend of and attorney for Hunter Biden, and his statements undercut everything Republicans have said about the embattled first son.

Morris is a high-powered entertainment lawyer in Los Angeles who met Hunter at a 2019 presidential fundraiser for his father, Joe Biden. Morris has loaned Hunter nearly $5 million in the years since. He testified about his relationship with Hunter in a closed-door committee hearing last week.

Initially, Oversight Chair James Comer just released a list of paraphrased highlights from Morrisā€™s testimony. Comer claimed that Morris informally loaned Hunter the money and does not expect to be repaid until after the 2024 electionā€”or possibly ever. But the transcript shows this couldnā€™t be further from the truth.

In reality, Morris never once mentioned the possibility of forgiving the loans. Instead, he said he has a ā€œ100 percentā€ expectation that Hunter will repay him, and repeatedly states that he and Hunter have a series of promissory notes agreeing the younger Biden will pay back the money.