President Biden "took out a $250,000 line of credit on his house in Rehoboth late last year. Can you say what that was for?" the reporter asked.
A general view of President Joe Biden’s home in Rehoboth, Delaware, on Thursday, January 12, 2023. The President has attracted media attention for the fence that has been installed on the property utilizing taxpayer funding. (Dario Alequin for Fox News Digital)
"Yeah, I saw reports on that. I would just refer you to the White House Counsel's Office," Jean-Pierre responded.
Fox News Digital first reported last Friday that the Bidens had quietly secured the six-figure line of credit against his multi-million dollar Rehoboth Beach, Delaware, home on Dec. 5, 2022.
The White House initially acknowledged Fox News Digital's inquiry into the matter but did not provide a comment or explanation on the move before or after publication.
President Biden took out the $250,000 line of credit against his Rehoboth beach house in early December. ((AP Photo/Patrick Semansky))
Biden took out the line of credit as Hunter Biden is under a federal probe over his tax affairs, and as between 25 and 30 confidential documents were turning up from his time as vice president.
Biden's lawyers discovered the classified materials at the Washington, D.C., office for his think tank, the Penn Biden Center for Diplomacy and Global Engagement, in early November and in his Wilmington home's garage in December.
Biden and his son, Hunter, have made presidential history as the first father-son duo to be simultaneously - but separately - under federal investigation.
The discoveries forced Attorney General Merrick Garland to appoint U.S. Attorney Robert Hur as special counsel in mid-January to investigate Biden's handling of the documents.
The Bidens have made presidential history for being the first father-son duo to be simultaneously - but separately - under federal investigation.
Fox News' Brooke Singman contributed reporting.